This paper proposes a multi-industry trade model with integrated capital markets and Mortensen and Pissarides search … effects at the intensive industry margin via trade and FDI. Moreover, the distinction between high- and low-skill workers …

We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous … workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that … trade liberalization increases wage inequality both in the short run and in the long run. In the short run, wage inequality …

We use a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers … and endogenous firm entry to analyze economic policy meant to compensate the losers of trade liberalization and reduce the … instrument to reduce the wage inequality after trade liberalization are training subsidies. They increase the supply of skilled …

The paper uses a gravity model to examine the role of corruption in the direction of trade in a data set comprising … membership of the RTAs does not always increase bilateral trade whereas reducing a country's corruption does tend to increase … trade flows. The results suggest that EU membership, with the associated improvement in the perceived level of corruption …

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 …

This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …

challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …