We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … to variety. Infrastructure alters factor prices, intermediate prices and the allocation of factors across sectors. The …

, nonproduction and production labor and energy) use of manufacturing firms to evaluate the contribution of infrastructure to firms …The impact of public infrastructure investment on the productive performance of firms has been an important focus of …. However, detailed evaluation of the infrastructure impact is difficult using existing studies which rely on restricted models …

In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … dominate while in others changes in technology or relative prices are the main contributors. Publicly financed infrastructure …

economic activity, especially international trade. We study the effects of war on bilateral trade with available data extending … back to 1870. Using the gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of … belligerent nations and neutrals, controlling for other determinants of trade as well as the possible effects of reverse causality …

significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …. Empirically, we collect a large dataset on aggregate and bilateral trade flows as well as output for 51 countries. We find that … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend …

) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of efficient investment in … bilateral capacities, (iii) a structural ratio of short run to long run trade elasticities equal to a micro-founded buyers …' incidence elasticity, and (iv) tractable short and long run models of the extensive margin. Application to manufacturing trade …

Preferential liberalization of trade in services is a central feature of the new regionalism. "GATS-Plus" and "GATS … different effect of the "GATS-Plus" and "GATS-Minus" components of RTAs on the service trade . The results of the empirical … "service" RTA) can increase the bilateral service trade between the trading-pairs significantly. (2) almost all the "GATS …

We investigate the relationship between GDP per capita, trade costs, demand, and income inequality between 1996 and … higher or lower income elasticities so that income inequality and GDP per capita matter for the direction of trade. CES …-based market potential measures are typically only a function of overall income and trade costs, but in AIDS relative incomes and …

This paper undertakes an exhaustive search for robust determinants of international trade, where quot … researchers and to the received theory of international trade. We find that robust variables include a measure of the scale of …