bridge is tolled under the cordon-toll regime. While less realistic than the continuous-space frameworks used in previous … higher than first-best toll on the same bridge. In addition, the analysis shows that cordon tolling leads to a redistribution … suburbs. The analysis also shows that the cordon toll raises more revenue than is necessary to pay for the bridge where it is …

We exploit Japan's 19th century move from autarky to free trade to provide the first test of the general validity of … a single refutable prediction on the economy's factor content of trade. Our test combines factor price data from Japan …'s late autarky period with Japan's factor content of trade calculated with the technologies of the country of origin of …

. These results are interesting not only for Japan, but also for other advanced economies where monetary policy is currently …

Advanced statistical techniques are used to analyze Hong Kong output dynamics. Hong Kong, Japan and the U.S. are found …

. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the …