We develop a two-country, two-sector model of trade where the only difference between the two countries is their … the pattern of trade depends on the properties of the two human capital distributions. We also show that the two … distributions of endowments also completely determine the effects of trade on income inequality. Then, we prove that there are long …

We develop a two-country, two-sector model of trade where the only difference between the two countries is their … the pattern of trade depends on the properties of the two human capital distributions. We also show that the two … distributions of endowments also completely determine the effects of trade on income inequality. Then, we prove that there are long …

We develop a two-country, two-sector model of trade where the only difference between the two countries is their … trade depends on the properties of the two human capital distributions. We also show that the two distributions of … endowments also completely determine the effects of trade on income inequality. Then, we prove that there are long-term gains …

In a two-country general oligopolistic equilibrium model, I study how cross-sector strategic trade policy affects wages …, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade …

from trade. A model is proposed with Melitz type firm heterogeneity with two sectors, two countries and two fixed factors … welfare gains from trade liberalization are larger in countries with a lower substitution elasticity. Furthermore, it is shown … that the immobile production factor in the comparative disadvantage sector can still gain from trade liberalization due to …

We develop a two-sector, two-country model where trade is driven by technological differences. Each country is … technological advantage in the skilled intensive good when we allow for both trade and migration skilled workers migrate to that …

This paper develops a two-country, two-sector (X and Y) model of international trade. One country has comparative … advantage in the increasing returns Y-sector. The direction of trade depends on the relative size of the countries and the …-good and the largest country loses from trade is possible. A dynamic equilibrium where the X-sector is subject to learning by …