1. I develop a two-city model to explain a new stylized fact: high-income cities specialize in income-elastic sectors. The model has heterogeneous income elasticities and mobile agents, and either heterogeneous fundamental productivities or heterogeneous amenities generate the specialization...

Aus dem Inhalt: -- Grundlagen Internationaler Wirtschaftsbeziehungen: Zahlungsbilanzen, internationale ökonomische Verflechtungen und grundlegende Weltwirtschaftsprobleme. Ursachen des Außenhandels und internationales Tauschgleichgewicht. -- Internationale Dependenzen aus nationaler Sicht:...

The impact of opening to trade on economic institutions is likely to be multifaceted and depend crucially on country-specific circumstances. In the past decade an active body of research has studied this relationship. This framework makes is especially clear why international trade opening has...