We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the 'classical' model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …

The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be … overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional …

total production, the purchase and sales price, the incomes obtained from the sale and the trade balance on the main …Romania is a country with a high production potential for the vegetables and fruits, due in particular to the high … natural fertility of soils and to the climate diversity. Besides the favorable conditions for the production of fruits and …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …

der Weltwirtschaft und bei den Terms of Trade führt. Bei den Komponenten wird vermutet, daß solche, die … fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small …