Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation …

This paper studies empirically the relationship between trade policy and individual income risk and uses the empirical … estimates of this relationship to asses the welfare costs of changes in trade policy. The empirical analysis proceeds in two … manufacturing sectors. Second, the variation in income risk and trade barriers - both over time and across sectors - is used to …

either on the rate of money growth or the devaluation rate) that can implement the first-best equilibrium. Such rules …

countries, where various measures to raise the intra-region trade are being implemented. The empirical tests using annual data …

Indonesia. The analysis is based on international trade and economic geography theory developed by Krugman and Venables (1995 …

This paper examines whether considerations about trade creation (TC) and diversion enter into the decisions countries … make about joining free trade areas. Estimates of trade creation and diversion for each new trade agreement started between … 1985 and 1994 are generated by comparing trade flows between country pairs at the 4-digit SITC industry level with a …