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 …

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 …

Recent trade theory in the Krugman (1980) tradition predicts that countries with larger market size enjoy higher levels … spending on inputs is affected by trade costs. However, in cross-country data, there is no such positive correlation between … is implicitly assumed in the usual formulation of aggregate CES production functions. Whether trade liberalization …

international trade, self-enforcing - or stable - IEAs may comprise up to 60% of all countries (Eichner and Pethig 2013). But these … coalitions are Stackelberg leaders and set tariffs in addition to their cap-and-trade schemes. Surprisingly, these smaller IEAs …

We review recent research linking international trade to the environment, with a focus on new results and methods. The …-style approach to trade and the environment, its full potential has not yet been exploited. We discuss existing empirical and …

Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to … quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … between 1.6 and 2.4 depending upon weighting. This provides an important contribution to the trade literature of Ricardian …