trade share around and after China's accession to the World Trade Organization. Based on this stylized fact we analyze the …Krugman's (1979, 1980) monoplistic competition model of trade showed that countries with more similar per-capita GDP … trade more with each other. Does this mean that developing countries shift trade towards developed countries as a result of …

This paper presents a stylized model of international trade and asset price bubbles. Its central insight is that …

) of trade-related foreign R&D (NRD), education and governance. The measures of NRD are constructed based on industry …-specific R&D in the North, North-South trade patterns, and input-output relations in the South. The main findings are: i … variables - education, governance or openness - result in virtuous growth cycles. These are smallest under an increase in trade …

This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of … integral part of "Factory Asia." Moreover, the results from a quantitative model of trade show that revealed productivity …