We consider two specific network structures, the star and the line, and study the set of bilateral alternating-offers bargaining processes for the pairs of linked agents. Agents have complementary information, bargain simultaneously over the price of their pieces of information, and benefit from...

The firm size distribution is considered as Pareto distribution. In the present paper, we show that the Pareto distribution of firm size results from the spillover network model which was introduced in Konno (2010).

Assuming linear demand and unit transportation cost, Head and Ries (2003, 'Heterogeneity and the FDI versus export decision of Japanese manufacturers', Journal of the Japanese and International Economies) conclude that the theoretical prediction of Helpman et al. (2004, 'Export versus FDI with...

This paper develops a model of small open economy, with a differentiated goods sector and voluntary provisioning of public good. It is shown that trade policy can alter the quantity of public good provided in the equilibrium. Interestingly, tariffs may fail to protect, leading to a Metzler...

Polluting industries are characterized by different levels of abatement expenditure. In countries such as the US with relatively strict environmental standards, theoretical models and intuition predict that industries that are forced to undertake greater abatement expenditure would have lower...

This note uses comparable representative data for manufacturing firms from five European countries (Germany, France, Italy, Spain, and the United Kingdom) to investigate the links between firm age and the participation of the firms in export, the share of exports in total sales, the number of...

This paper examines the empirical question of whether free trade is harmful or beneficial for the environment. Using a comprehensive panel data for 63 developed and developing countries over 1960-1999, the result for CO2 suggests further trade liberalization will increase the emissions with the...

This study analysis the sustainability of the trade deficits in the two giant economies of Asia, namely India and China with allowance of endogenous structural breaks. We found that trade deficit is sustainable in case of India but not in case of China. This implies that macroeconomic policies...

This study gives an overview of different methodologies related to gravity model analysis in Bangladesh trade flow. A pooled cross section and time series data were analyzed to incorporate the country specific heterogeneity in country pair trading partners. The trade flows are justified by the...