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 …

remains surprisingly closed to external trade in products and capital, and suggests that costs of international trade in goods … can explain the evidence. Given the trade costs, a substantial real depreciation of the dollar will be needed to close the …

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 …

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 …

-Mediterranean Free-Trade Area (EMFTA) might affect incentives or reduce perceived risks in the region, since such risks are mainly … the European Union. As a conclusion, it argues that only the creation of a horizontal free-trade area between the three … Maghreb countries -as opposed to the creation of parallel bilateral free-trade agreements between each individual country and …

The central claim in this paper is that by explicitly introducing costs of international trade (narrowly, transport … costs but more broadly, tariffs, nontariff barriers and other trade costs), one can go far toward explaining a great number … elucidates J. McCallum's home bias in trade puzzle, the Feldstein-Horioka saving-investment puzzle, the French-Poterba equity …

impact on bilateral trade, output co-movement and financial integration. Financial integration is measured by the degree of … the greatest effect, the peg regime also significantly boosts trade. We also find that, while the peg regime contributes …