relations. Conditions for full employment, full expenditure of income and equilibrium of the trade balance are established for … free trade and international learning are formally studied. In addition, static and dynamic aspects of the ‘principle of …

to frictions. Firms trade assets to adjust their productive capacity in response to shocks to profitability. Transaction … frictions. The model predicts that leased assets trade more frequently and produce more output than owned assets, for two …

remains the key driver of India’s GDP growth. Our analysis establishes that though India’s trade sector dwindled and …

This paper examines the India’s trade flows using a gravity model for the period 1998-2012. We selected the following … major trade partners: China PRP, United Arab Emirates, United States, Saudi Arab, Switzerland, Singapore, Germany, Hong Kong … positive influence in bilateral trade. We also introduce economic size and common border these proxies confirming a positive …

congruence and trade intensity. The paper illustrates the role of enabling behind-the-border factors for effective absorption and …

In this paper, all technology transfers are embodied in trade flows within a three-region, one-traded-commodity version … congruence of the source and destination. Together with trade volume, these two factors determine the recipient’s spillover … economies and shifts in their terms of trade loom large in the general equilibrium adjustment. …