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 …

The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …

of time consistency of liberalization under the so-called Bogor target of achieving free trade within APEC in 2010 (2020 …

Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To … explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the … reason of growing trade in intermediate goods in the cross-section and the time-series framework. The evidence for …

exemplify possible applications related to trade and FDI. By overcoming several data limitations, our new global index can help …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …

. We first gauge the impact of the sanctions’ regime using a structural gravity framework and quantify the trade losses in … by the Russian embargo. Instead, the disruption of the provision of trade finance services is found to have played an …

the impact of trade on both dimensions of income distribution, this paper seeks to contribute to the ongoing debate on … results emerge. Firstly, the distributional effects of trade are highly sensitive to even minor changes to the assumption of … the 2 x 2 trade model. This suggests that due attention should be paid to the choice of the structural model. Secondly …

. In choosing between these alternatives, they face a trade-off between higher variable distance costs when exporting and …