negotiated bilaterally, codifying many elements in addition to price. We model such bilateral oligopolies as a set of … simultaneous Rubenstein-Stahl bargainings over contracts specifying price and quantity, between pairs of buyers and sellers …. Equilibrium quantities are efficient regardless of concentration. The law of one price does not hold. Prices depend on …

The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these … trade occurs at any moment if the countries have different numbers of intermediate varieties. The country with a larger …

decades. We argue that pervasive skill biased technological change rather than increased trade with the developing world is …

trade. Utility-maximizing agents opt between careers in specialized production and careers in predation. Three types of …

trade expansion. Specifically, we present a stages-of-growth model in which the four phenomena are jointly endogenous and …

The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these … trade occurs at any moment if the countries have different numbers of intermediate varieties. The country with a larger … number produces more manufactured goods than the other country does. In the bilateral trade the advanced country exports …

model of trade and location. More specifically, we introduce horizontal and vertical multi-region firms into the core … effects found in the CP model by making the range of trade costs for which the core-periphery equilibrium occurs smaller. The …