The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to … them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into … shocks. The results demonstrate that retail assortments may remain constant if consumers have a low preference for diversity …

caused by inadequate assumptions of how the retail market is structured and organized. Using a formal model, we show that …

We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail … into retail prices and the effects of retail market regulation. The paper shows that the degree of pass-through may be …

data for years 1961-2012 on India, the study examines the role of dense population and transportation infrastructure on …

allowances in many retail markets are consistent with the global integration of product markets, while higher retail market …

In this paper we focus on the rapidly deepening bilateral India-China economic relationship. Each is deeply integrating … into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as … service-lead growth (see Rodrick & Subramanian (2006)). An alternative view is that India is effectively a lagged version of …