How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI … aggregate gains of trade formula to take domestic reallocation into account more than triples the estimated welfare effects. …

This paper adapts the modern workhorse model of quantitative trade theory (Eaton and Kortum, 2002) as a measurement … tool to quantify the magnitudes of Switzerland's gains from trade. I find that the importance of single trading partners … for Switzerland's welfare is surprisingly small. The reason are reallocation effects - if trade between Switzerland and …

distributions - affects trade patterns along both the extensive and intensive margin. The idea that similarity of demand structures … intensifies trade goes back to the well-known Linder hypothesis. Based on a sample of 102 countries, I find that bilateral trade … range of incomes for which two distributions overlap - and document that both are important determinants of bilateral trade …

this changed scenario, further efforts by India would benefit the regional trade integration process much more than before …Economic integration in South Asia is governed by India's relations with the other economies of the region and it is … also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for …

We measure the "new" gains from trade reaped by Canada as a result of the Canada-US Free Trade Agreement (CUSFTA). We … think of the "new" gains from trade of a country as all welfare effects pertaining to changes in the set of firms serving … that country as emphasized in the so-called "new" trade literature. To this end, we first develop an exact decomposition of …