Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …

theoretically and empirically the strategic importance played by cognitive elements as part of “territorial capital” in mediating … cognitive elements as part of territorial capital magnify the contribution of knowledge by determining the formation of …

across markets, by exploiting the quasi experimental design of the nearly total collapse of domestic trade by rail in January … a 11% to 18% reduction in price dispersion across markets. Geographical reach of trade varies by crop, most likely …

This paper examines international trade in tainted food and other low-quality products. Wefirst find that for a large … class of environments, free trade is the trading system that conveysthe highest incentives to produce non-tainted high …-quality goods by foreign exporters.However, free trade cannot prevent the export of tainted products, and the condition fortainting …

. Analysis of optimalpatterns ofcombined economic development and materials use should be discussedinrelation to trade and the … environment. A model is presented thatoptimiseslong-term welfare of a 2-region economic system with trade in virginandrecycled … resources.Numericaloptimisation experiments show that trade of resources and goodsincreases thecarrying capacity of the regions …

How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy … seventeenth century from successes in long distance trade, shipping and financial innovations. Despite its historical background … remain important, suggesting that face-to-face trade remains an important element of modern transactions. In contrast to the …