, we show that national trade barriers do provide an explanation. In particular, technical barriers to trade, together with …

using one particular illustration, the gravity equation for trade, and apply the proposed technique to provide new estimates …

Both Russia and the EU are undertaking significant changes in foreign trade relations. Russia seeks WTO accession and … relationship can EU and Russia develop? The Paper analyses the asymmetric trade structure, the unstable and confused trade relation … trade policy vis-à-vis Russia is a disturbing flight to the future away from today’s concrete policy problems. The aim of a …

supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …

Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …

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 …

integrated with East Asia, but Europe is not. This paper explores the extent to which economic growth and trade policy … project the world economy to 2010 under various scenarios including Uruguay Round implementation, a transatlantic free trade … agreement, APEC liberalization, and a new WTO multilateral round. The bilateral trade consequences of economic growth and …

0.7, while import price changes that can be traced back to exchange rate movements of other trade partners only have … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …

This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European … mutual trade and trade with developing countries, but it will increase trade with industrial counties by factors of three to … thirty. West Germany and the USA are the principal beneficiaries of this new trade, increasing their exports and imports by …

. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …