model. We find that there is a trade-off between the two roads of European integration arrangements. Eastern enlargement … the Union. EU-Russia integration, on the other hand, has a different impact. To be beneficial for Russia, free trade …

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …

will be net exporters in scale-intensive industries. The hypotheses are empirically tested by studying the trade of each …

During the last two decades new research has greatly advanced our understanding of the structure of world trade. This … foreign trade the discussion is in two parts. One part examines the links between factor endowments and trade flows. New … across countries. A second part examines determinants of the volume of trade, the share of intra-industry trade and evidence …

of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage …, simulate the trade liberalization, and compute the resulting growth rates of Canadian industry productivity, exports and …

This paper reviews estimates of the effects of `1992' on international trade and welfare, and the policy implications …

equilibrium model of trade under imperfect competition. The focus of the paper is the welfare consequences of reducing trade … barriers and the changes in production and trade flows with the rest of the world. Welfare changes by country are reported and … these are decomposed by source of gain. Two sets of results are reported: a `segmented market' experiment where trade costs …

- US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity across … magnitude relative to predicted increases in trade flows. Thus, most models are inherently incapable of simultaneously matching … trade and productivity reactions to freer trade, raising doubts about the accuracy of the quantitative predictions of a …