Can growth of a trading partner harm a country? This paper seeks to answer this question through the use of an eclectic trade model which is similar in flavour to Markusen (1986). This paper makes two contributions. First, it develops a simple and tractable model of international trade based on...

This paper provides evidence that the volume of trade may increase as countries’ relative endowments become more similar. A model is developed that can explain this phenomenon. The model is a four-good version of the Davis (1995) Heckscher-Ohlin-Ricardo model of international trade based on...

This paper develops and tests a model that predicts a positive relationship between absolute levels of capital stock and how favourable are policies toward capital. The theoretical model we use is a model of campaign contributions and electoral competition, extended to consider the implications...

This paper performs a test of Zipf's law (the size distribution of cities follows a Pareto distribution with shape parameter equal to 1) using data for Malaysian cities from five population censuses (1957, 1970, 1980, 1991 and 2000). For the full sample, Zipf's law is rejected for all periods...

This paper explores the population distribution across U.S. states over time. We test for Zipf's Law on the size distribution of state populations and Gibrat's Law for the growth of state populations. State populations follow a lognormal distribution more closely than they do a Zipf or Pareto...

One of the main causes behind the trade collapse of 2008-09 was a significant fall in the demand for durable goods. This paper develops a small country, overlapping generations model of international trade in which goods durability gives rise to a more than proportional fall in trade volumes, as...

One of the main causes behind the trade collapse of 2008–09 was a significant fall in the demand for durable goods. This paper develops a small country, overlapping generations model of international trade in which goods durability gives rise to a more than proportional fall in trade volumes,...