ECONOMICS ESSAYS ON THE EFFECTS OF TRADE LIBERALIZATION AND OIL PRICE VOLATILITY IN OPEN ECONOMIES OSAYI ETHEL OVBIOSA-AKINBOSOYE Dissertation under the direction of Professor Eric W. Bond This work comprises three chapters. In the first two chapters, I study the effect of reductions in...

This dissertation contains three essays. In the first essay, we consider nontraded goods as an important impact on bilateral trade flows. A testable gravity equation is derived and a simple example is demonstrated. A sample of 1995 including 118 countries is examined. The results show that...