Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …

gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and …

unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …

comparative advantage (trade) and foreign direct investment flows. It discusses several forms and the prevalence of forced labour …

activities of German multinationals. Proximity-concentration theory which we derive our model from shows that firms face a trade …. Firms facing this trade-off choose between export and foreign production according to their expected profits. The model is …-concentration trade-off. In particular, market size and distance affect positively the probability of foreign production whereas fixed …

Our paper decomposes knowledge-diffusing trade flows and estimates their impacts separately. Overall, trade generates … positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import … significant positive spillover effects of intra-industry trade that corresponds to international out-sourcing. …

This paper studies the spread of the Black Death as a proxy for the ow of medieval trade between 1346 and 1351. The … variables of medieval trade ows based on an empirical trade model. These results shed new light on many qualitative debates on … the importance and causes of medieval trade. …

In theoretical trade models with variable markups and collective wage bargaining, export exposure may reduce the …