-country general equilibrium model, where the degree of market integration depends directly on trade costs (transport costs, tariffs …This paper examines the effects of trade costs on macroeconomic volatility. We first construct a dynamic, two …, etc.). The model is a extension of Obstfeld and Rogoff (1995). Naturally, a reduction in trade costs leads to more market …

Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the … equilibrium effects of bilateral distance, international borders, and the payment system on trade. My results suggest that had … average tariff and non-tariff trade barriers remained at their 1928 level, total international trade would have been 64 …

Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the … equilibrium effects of bilateral distance, international borders, and the payment system on trade. My results suggest that had … average tari and non-tari trade barriers remained at their 1928 level, total international trade would have been 64.6 % higher …

We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall … countries with relatively high status quo tariffs, our formula predicts 30-60\% larger gains from trade than the icebergs only …. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize …

There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household … economics lead us to expect, the cross-country evidence seems to indicate that trade reduces or, at worst, has no significant …

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 …

migration and trade. This paper aims to check the effect of such restrictions on the unemployment of unskilled labor in the …. In case of trade restriction, however, the rise or fall in unemployment depends on both the structure of the economy and …

Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …

This study estimates the effect of trade facilitation measures implementation on trade costs in Asia and the Pacific … using data from the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation. Impact of … different sets of measures are considered, from a basic set of measures to ensure compliance with the World Trade Organization …

We analyze empirically whether trade and financial linkages between two countries increase the synchronization of their … of a small open economy, namely Spain. We prefer this to the generally used US data, to avoid other channels of influence … of such a large economy affecting the results. We find that both trade or financial linkages only foster synchronization …