Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity …, and the field of study he afforded to political economy. Instead, early neoclassical economists parted ways with the …

This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …

We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested … in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. We depart from …

international trade. We outline a model exemplifying some of these linkages, describe several methods for investigating two …-way feedbacks between various categories of trade, and apply them to the recent experience of developing countries. After … between FDI and manufacturing trade. More precisely, applying Geweke (1982)'s decomposition method, we find that most of the …

, regulation of trade and investment flows, and gender-sensitive public sector spending. …

negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using …

for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the …

of trade flows in environmental goods (EG) on total CO2 and SO2 emissions. Our system-GMM estimations reveal positive … recurrently found to face increased pollution (in particular CO2 emissions) due to direct scale-composition effects of trade in …-induced effects. We show that the direct, indirect and total effects of trade in EGs depend on the country’s net trade status, the EGs …