The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …

trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …

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 …

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … distributions are asymmetric because the foreign firm incurs a trade cost to serve the domestic market. We show that the foreign …, justifying the use of contingent trade policy on efficiency grounds. Despite an environment of asymmetric information, contingent …

This paper explores the role of pooled-producer, e.g. private label, trade intermediation in shaping the range and … diversity of exports. Direct sales maintain a firm's unique product characteristics (`brand equity'), whereas trade through an … trade variety for volume, firms face greater competition from the new pooled-products, and intermediaries capture much of …

We develop a new model of trade in which educational institutions drive comparative advantage and determine the … support of human capital choices to demonstrate that freer trade can induce crowding out of the middle occupations towards the … gains from trade may be non-monotonic in workers' ability, and middle ability agents can lose the most from trade …

The paper discusses the pros and cons of a Transatlantic free trade area (TAFTA) against the concept of an informal … trade-facilitating marketplace between Europe and the US. It finds considerably more cons expecially since TAFTA would be … separate insiders from outsiders. It is also shown that in foreign direct investment (FDI) and FDI-related service trade TAFTA …

In the past, many WTO member states have liberalized their trade policies unilaterally. However, they were decreasingly … development by resorting to three political economy arguments pro multilateral binding: the terms of trade externality argument … finally the argument that trade policies are instruments for general political targets. For all three arguments, it is shown …

Recent empirical research on efficiency gains for Russia from WTO membership concludes that service trade …”. Lessons for European Neighborhood Policy point to the requirement for the EU to liberalize bilateral service trade (through …