termed the secondary terms of trade effect. The second, a negative effect due to an efficiency loss that occurs in the …

countries. In each country, the incumbent autocrat will cater to the preferences of the elites when setting trade policy and the … manufacturing sector. This, in turn, can lead to a shift in the comparative advantage, a decision to open up to trade and an inflow …

USA, Canada and Argentina have challenged before the World Trade Organisation the European Communities’ (EC) denial of … dispute’s most important legal issues in order to see to what extent the dispute might influence the ongoing trade and … trade and environment debate. …

This paper examines the role that trade plays in economic development through the channel of technology transfer … between donor- and receiving countries. In this context, trade in (capital) goods allows technology import and improved input … decisions. Second, trade opens export markets, allowing learning-by-doing. Third and most importantly, trade increases the set …

systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade …, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant …

-layered diversification process in Western societies. Migration phenomena are largely responsible for this process both in receiving European … societies as well as in original sending countries. Migration has been and continues to be a ubiquitous human experience. Yet …

In this paper we study theoretically and empirically the role of the interaction between skilled migration and …

Option Theory, investigates the roots of the migration dynamics. In the model the decision to migrate of each individual … observable "jumps" in the migration flows and to describe how the trigger for entry can change depending on the dimension of the …

This work is devoted to study the role of combined entry and exit strategies in the migration process. We develop a … triggers the migration choice, while the second triggers the return to the country of origin. The theoretical results show that … in some cases we observe migration inflows with a low wage differential and also with underunemployment. We show also …

This paper tries to explain why most migration flows show some observable jumps in their processes, a phenomenon that … seems to be sympathetic with the characteristic of irreversibility of migration. We present a real option model where the … probability of being fully integrated into the host country. The theoretical results show that the optimal migration decision of a …