This paper studies non-cooperative commodity taxation in a trade model with imperfect competition and trade costs …

-industry trade and "new economic geography" agglomeration forces. The simulations focus on successful transformation in Eastern …

has been a process of economic integration between countries, bringing down costs of trade. At first sight, the increased … importance of FDI seems paradoxical; we would expect lower trade costs to promote trade rather than direct investment. This paper … demonstrates that a reduction in trade costs may indeed induce firms to choose FDI rather than exports. We also demonstrate that …

imitation when trade is relatively expensive, in which case the global growth rate is higher and the international wage gap … smaller than if both regions innovate. This changes fundamentally for some intermediate levels of trade costs, where there …

A market is served by domestic and foreign firms, where the latter incurs a trade cost when delivering to the market …. We ask now how trade liberalization -interpreted as a reduction in trade costs- affects the profitability and the welfare …