This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI …, which is detrimental to trade and FDI. Employing a standard gravity-type model in a global dyadic country sample, I estimate … place by the partner country, this lowers bilateral trade and FDI by up to 19 and 25 per cent, respectively. If both …

of functions, but whose central purpose is trade. …

minimum wage and trade unions) continues to offer the best explanation for the observed patterns of change. …

endogenous, for example it has been spurred bytrade with China. Thus, trade does matter for changes in the labour market through …

In a general equilibrium product-cycle model, lower trade barriers in-crease Southern purchasing power, which lifts … from a baseline OECD growth rate of 2% we find that trade integration with low-wage countries in the decade around China …

analysis focuses on the more mundane (but quantifiable) economic issues, especially trade. The costs and benefits of the UK … leaving the EU are complex. Losses due to trade alone could be very substantial. Even under very optimistic assumptions, the … sum of the static and dynamic trade losses would be almost 2.2% of GDP. More pessimistic calculations would lead to a long …

, which was a period of abrupt trade opening and market reforms. This is a surprising result for an unskilled labour abundant … country like Uganda in light of a standard Heckscher-Ohlin (H-O) framework. But was the trade opening responsible for the … increase in wage premia? By using a novel district-level analysis, I find that in fact increased trade reduced the returns to …