shrinks and the non- traded good sector expands. Increased trade volume can decrease fluctuations in domestic production of … either good. This is verified in the data of U.S. apparel trade and production: we find that doubling of trade volume is …This paper argues that seasonal fluctuations in international trade are large and have non-trivial effects on a country …

Stolper- Samuelson assumption of perfect factor mobility, so factor of production drives trade preferences. Among low turnover …This paper examines the hypothesis that turnover affects trade preferences. High turnover industries are similar to the … industries, as in the specific factors model, net export position determines trade preferences. We show that PAC contribution …

Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-endowment based trade and economic ties with the secondary advanced economy (first the U.S. and then Japan) played important roles in …

This research argues that the rapid expansion of international trade in the second phase of the industrial revolution … countries in the last two centuries. The theory suggests that international trade affected the evolution of economies … asymmetrically. The gains from trade were channeled towards population growth in non- industrial nations while in the industrial …

turn, causes costs of production and relative prices to differ, creating the grounds for trade in the sense of Heckscher … international trade within an overlapping- generations framework. The two countries in the world considered are assumed to be … growth on relative factor endowments and patterns of international trade are explored by comparing simulation results …

We use a global competition model of international trade to characterize the effects of trade reforms occurred in Chile … proceed by exploring the impact of preferential trade agreements negotiated by Chile in recent years with the European Union … and the North American Free Trade Agreement. …

East Asian growth experience. This explains why some observers have called the trade regimes of Korea and Taiwan in the … 1965- 1980 period “free trade regimes” even though they featured extensive import tariffs and export subsidies. 2. There … Washington Consensus is too hooked upon trade-led growth to acknowledge that science-led growth is becoming even more important …

intra-industry trade. There are three major findings: First, little production is perfectly specialized due to factor …We analyze two main theories of international trade, the Heckscher-Ohlin theory and the Increasing Returns trade theory … models can generate this prediction, we tackle the model identification problem by conditioning bilateral trade relations on …