negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …

negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …

What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more … of their trade. The model developed here emphasizes the role that knowledge spillovers emanating from heightened trade …

jointly deter- mined. The key regressors in our model are trade and ¯nancial integra- tion indicators, institutional variables … government discretion has destabilising e®ects on growth volatility. We con¯rm that government size increases with trade …

In this paper it is argued that the domestic division of labor and trade is organized according to the same principle … as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source … trade, thus creating a Darwinist society of the survival of the fittest. The least productive individuals and those who face …

significant, the short-run adjustment becomes positive when the income level increases. This result suggests that different trade …

This study investigates the energy-growth-trade nexus in Pakistan by using the annual time series data for the period … of 1973-2011. Our main results show: i) the presence of long-run link between energy consumption and trade performance … note that energy conservation policies will reduce the trade performance which in turn leads to the decline in economic …

This paper reassesses the dynamic links between trade and growth in India during the post-independence period. The main …