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This paper calculates the decline in costs involving merchandise trade between the People's Republic of China (PRC) and India during the period 1980-2008. Drawing from the recent literature, a comprehensive measure of trade costs is derived from a theory-founded gravity model of international...
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This thesis addresses 3 different aspects of food and poverty related problems in developing countries. The first essay presents a new operational concept of transaction costs that firstly allows assessing the magnitude and secondly recognizing the non homogeneity of food products. This is...
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The quest for large numbers has been going on for some time in international trade economics: models of trade liberalisation have consistently produced results that, compared ex post with real world data, show the right sign but the “wrong” magnitudes. This paper proposes a new approach by...
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