for 40 countries plus a rest-of-the-world aggregate. Some gain over 10%, some lose less than 0.2%. Overall, using a novel …

possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few decades as …

innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … illustrates that, statically, globalization (defined as reduced trade barriers) has ambiguous effects on welfare, while …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …