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We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
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In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing … country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …-voter's preferred reliance on tariffs versus income taxes in order to effect the desired redistribution. Using data from 44 countries we …
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