In large number of circumstances, trade policy modellers turn to partial equilibrium modelling in an imperfect … substitutes framework. This article develops a formal representation of this imperfect substitutes model and applies it to trade … these results within the history of Pakistan–India trade and the political economy of the negative list. …

We investigate the link between industrial deregulation, trade reform and unit-level productivity using two unique … after trade liberalization in 1991. We use an administrative requirement of the quot;Licensing Rajquot; to identify the …

Worldwide, free trade agreements (FTAs) have remained a debatable issue. This paper tries to demystify the recent myths … analysing the determinants of Intra-Industry Trade (IIT), which has remained as one of the most dominant forms of trade flows …, not explained by the traditional trade theories. Most importantly, the paper highlights the economics of IIT in the …

using a model of internal trade with variable markups. In contrast to the previous literature, our model incorporates … that affect states' terms of trade …

that matches firm characteristics with product and source-country trade data, offering a theoretical and empirical …

large trading partners, mainly China. However very little attention has been paid to the impact of the trade war on outside … trading partners having trade relations with the US and China. This paper analyzes the impact of the tariff war on India, a … large country having significant trade ties with both the US and China, yet not directly involved in the tariff war. Using …