This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential … heterogeneity and the connection between firm-level performance and international trade. They provide evidence on the remarkable …

import-driven convergence and no robust difference between imports of intermediate and investment goods. Accordingly, trade … helps emerging economies follow a 'green growth' path, and trade-related policies can enhance this path. However, the … effects are economically small and require a long time horizon to become effective. Trade-related policies can become much …

tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …

We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains … the South-North gap in labor intensities within a couple of decades if it were solely achieved through the trade channel. …

The paper analyzes the relationship between trade policy and environmental protection. National and global … environmental issues are distinguished. In principle, there is no conflict between an institutional order for international trade … a trade strategy are not justified. Uncertainty in international trade arising from environmental policy should be …