Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the … equilibrium effects of bilateral distance, international borders, and the payment system on trade. My results suggest that had … average tari and non-tari trade barriers remained at their 1928 level, total international trade would have been 64.6 % higher …

flows vis a vis major trading partners. These submodels treat the trade flows as well as foreign and domestic production and … trade in a disequilibrium framework and the consequences of German unification on trade flows are in the centre of interest …. For this purpose, a macroeconomic disequilibrium model for the German economy is extended by submodels for bilateral trade …

competition and commodity prices) seem both to matter; (iii) Differences in trade (overall and with China) and in commodity …

in international production sharing during the crisis may partially account for the observed decrease in global trade …This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that … changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on …