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 …

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 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 …

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 …

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 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 …

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 …

levels at the more disaggregated industrial level. These are especially important in the context of international trade as … these determine the dynamics of comparative advantages and the resulting trade structures between developing and developed …-up processes and their links to dynamic comparative advan- tages and trade structures. In the second part we present an econometric …

indicators based on a value added rather than gross trade basis and emphasis on the actual (domestic) value added creation due to … exports are needed for policy-makers and researchers to draw a more accurate picture of the link between trade and value added … established in the literature such as the degree of vertical specialisation, value added trade and global value chain income, we …