market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …

This paper explores the relationship between openness to trade, immigration, and income per person across countries. To … predictors of openness to immigration and to trade for each country by using information on bilateral geographical and cultural … to immigration on long-run income per capita. In contrast, we are unable to establish an effect of trade openness on …

negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using …

In new new international trade theory, whether firms export or not are determined by their productivity. These models …

This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United … clerical occupations, is largely uncorrelated with regional exposure to trade competition from China. While the impacts of … technology are present throughout the United States, the impacts of trade tend to be more geographically concentrated, owing in …

international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …