Despite the major advances in information technology that have shaped the recent wave of globalization, openness to … trade is still a political choice, and trade policy can change with shifts in domestic political equilibria. This paper … suggests that a particular threat and a limiting factor to globalization and its future developments may be militarist …

of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook … trade model shows that a welfare-enhancing move toward freer flows of ideas should be associated with a reduction in … conventional trade. The large quantitative effect from the flow of ideas is evident in the second half of the 20th century as the …

labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products … history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to … encourage a level playing field. The type of trade mattered as much as the volume. In the European core, states emulated the …

within-country inequality, depending on the dimension of globalization involved (e.g. trade versus factor flows), on the … differed greatly across countries: both trade and migration (but not capital flows) made the rich New World more unequal, and … the (less rich) Old World more equal. The evidence on the links between within-country inequality and globalization in the …

to 9\% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity sub-systems for FDI and trade, with accumulation/decumulation of phyisical and …

Recent studies suggest that intranational trade is "excessive' compared to international trade. An intuitive … explanation for this home bias is provided by national trade barriers. A dataset of trade between US states, however, reveals that … patterns. Third, trade flows are higher among states with similar production patterns. The stylized facts are consistent with a …

A network/search view of international trade in differentiated products is proposed. It is shown that this view can … explain the importance of ethnic and extended family ties in trade, the success of diversified trading intermediaries such as … Japan's sogo shosha, and the ubiquity of government export promotion policies such as subsidized trade missions …