vindicating the position that the legal system had a marginal role in mitigating agency problems in long-distance trade in this … historical era.** Edwards and Ogilvie constantly present legal actions in non-trade related legal cases as evidence for a … reliance on the legal system for matters pertaining to long-distance trade. Their criticism of Greif's documentary analysis …

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 …

regional inequality. Geography, mobility and trade openness are also highly important. …

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

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 …

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 …