agriculture is driven by comparative advantage and non-homothetic preferences. Countries are integrated through trade but trade is … better fit to cross-sectional data on manufacturing shares than frameworks which ignore the role of trade costs or non … lowering of trade barriers. -- industrialization ; economic geography ; international trade …

This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit …

computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …

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 …

theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …

combines elements of the literatures on economic geography, multinational firms, urban economics, and trade theory. A two …

developing economy grows faster than the rest of the world as a result of global fragmentation and trade in intermediates if it … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small …

We propose a normative assessment of the value of international trade that is rooted in production theory and embeds … Ricardo's 1817 formulation of the gains from trade into a multi-factor general equilibrium framework. Without imposing strong … the magnitude and the sources of the gains from trade. A high quality data set on product and task-specific factor …

This paper explores the implications on trade and wage inequality of introducing financial capital or credit in the … nominal costs without affecting trade patterns, while rise in the relative price of the skill-intensive good causes skilled …