production and trade. Imposing stylized facts of growth as restrictions, we assess the relative size of the implied prediction …Factor endowments are usually taken as given in trade theoretical analyses of technological change. We use the …-sector small open economy, an effect which has largely been neglected in trade theory literature. We show that ignoring the …

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 …

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 …

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 …

This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home …

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … effects of trade liberalization. We show that the gains from trade will be distributed very unequally. While unskilled workers … when a skill-abundant country opens up to trade. -- Comparative advantage ; heterogeneous firms ; labor market frictions …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms … by trade costs and country size: smaller and/or more centrally located nations suffer less from inefficient policies at …-over effects of labor market institutions ; unemployment ; international trade ; search frictions ; heterogeneous firms …

industries by including "Buy local'' clauses into the stimulus package. By analyzing the dynamics of transitory changes of trade …) the lobbying of domestic, non-exporting firms. -- Protectionism ; trade liberalization ; short term shocks …

shortsightedness of policy makers. We show that Nash-equilibrium tariffs based on a dynamic trade model are lower than Nash …

trade barriers or tariffs, or as an increase in export subsidies. In this paper, we show that none of these measures … the short run, they are less effective than general government spending impulses. Raising tariffs or trade barriers even …