'virtual size' of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale … conception to the point of consumption. As an appropriate set of investment and policy measures is undertaken across a region, it …

This paper explores the interactions between external trade and regional disparities in the Italian economy since … market access therefore became a key determinant of industrial location, inducing fast growing new sectors (especially … engineering) to locate in regions with a large domestic market, i.e. in the North. From 1945 onwards trade growth and European …

This paper uses a general equilibrium trade framework to estimate the contribution of transport infrastructure to …

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income … levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions … a strong indirect effect through institutions. Similarly, controlling for institutions, trade has a negative, albeit …

trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …

between countries and its impact on trade, the DELF is, indeed, a very valuable measure of cultural affinity between countries …, also showing this affinity affects trade flows in a positive way, especially of heterogenous goods. …

This paper examines whether European integration, manifesting itself in increased trade and FDI linkages, new … specializations and economic policy coordination, contributed to the synchronization of business cycles in the enlarged EU. We … model endogenous relationships and unveil direct and indirect effects. Trade and FDI prove to have a strong impact on …

Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and … capital account liberalization as well as improvements in transport and communication technologies. As a consequence, the … either directly the evolution of trade costs over time or the sensitivity of trade flows to distance in gravity models. In …