Can temporary protection from trade with advanced economies foster the development of 'infant industries' in developing …

reduced trade with EU countries. We consider an optimistic scenario with relatively small increases in trade barriers between … would impose additional costs on the UK and following Brexit the UK would not benefit from future EU free trade agreements … such as the Transatlantic Trade and Investment Partnership currently being negotiated with the United States. …

analysis focuses on the more mundane (but quantifiable) economic issues, especially trade. The costs and benefits of the UK … leaving the EU are complex. Losses due to trade alone could be very substantial. Even under very optimistic assumptions, the … sum of the static and dynamic trade losses would be almost 2.2% of GDP. More pessimistic calculations would lead to a long …

A recent boom in commodities-for-manufactures trade between China and other developing countries has led to much …

In a general equilibrium product-cycle model, lower trade barriers in-crease Southern purchasing power, which lifts … from a baseline OECD growth rate of 2% we find that trade integration with low-wage countries in the decade around China …

Firms face competing needs to expand product variety and reduce production costs. Trade policy affects firm investments … recapture these lost markups. I provide a theory detailing this conflicting impact of trade policy and address welfare gains … from trade. Accounting for firm heterogeneity, I show support for the theoretical predictions with firm-level innovation …

Since changes in trade openness are typically confounded with other factors, it has been difficult to identify the … labor market consequences of increased international trade. The advent of the United States Interstate Highway System … provides a unique policy experiment, which I use to identify the effect of reducing trade barriers on the relative demand for …