trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors, which is … income and price variables, consider some additional parameters as well, such as foreign direct investments and tariffs on … North Macedonia - i.e. trade elasticities relevant to policy - and ultimately to calibration choices. The income and price …

The Bagwell and Staiger (1990) theory of cooperative trade agreements predicts new tariffs (i) increase with imports …

Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import … to a sudden, large increase in the relative price of imported goods creates a short-term trade implosion, an immediate …

(long-lasting) antidumping measure will be imposed by a factor of five (seven). In finding that US trade policy is applied … counter-cyclically to foreign economic fluctuations, the paper suggests that trade policy may reduce the extent of business …

in services affects the volume of goods trade. Additionally, because of interaction between tariffs and competition, the …We examine an issue at the nexus of domestic competition policy and international trade, the interaction between goods … trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service …

-way trade and horizontal multinational activities. We present a model with three factors of production to disentangle the … twofold importance of headquarters for their affiliates into a know-how and a capital serving part (FDI). Multinationals trade … derive predictions about the impact of trade costs, plant set-up costs, relative country size and factor endowments on the …

the impact of globalization on markups and pricing, concentration, and productivity. The model nests two workhorse trade … models, the Brander & Krugman reciprocal dumping model and the Ricardian technology-based trade model, as special cases. We … of zero trade flows and the pattern of export prices, and on cross-country and industry variations in industrial …

inequality on trade prices. Based on a large dataset with bilateral HS6 level data on 1260 final goods categories from more than …

from trade. A model is proposed with Melitz type firm heterogeneity with two sectors, two countries and two fixed factors … welfare gains from trade liberalization are larger in countries with a lower substitution elasticity. Furthermore, it is shown … that the immobile production factor in the comparative disadvantage sector can still gain from trade liberalization due to …