This study revisits the trade and welfare effects of 19th century bilateralism exploiting the latest developments in … structural gravity models, including the consideration of domestic trade. Using bilateral trade data between 1855 and 1875, I … show that the Cobden-Chevalier network, i.e. a system of bilateral trade agreements including the Most Favored Nation …

We explore how public investment in commercial infrastructure affects the composition of trade between countries. To … this end, we develop a model of bilateral trade in which two countries produce, consume, and trade a continuum of goods … Stackelberg game, the results are ambiguous. An empirical analysis based on recent international trade data supports our …

processing. To assess the trade costs or plausible protection effects associated with NTMs, the computable general equilibrium … reduction in NTMs indicate disproportionate gains in trade (both imports and exports) across the various sub-sectors, with …. The simulation findings further show that the overall impact of a reduction in NTMs on trade is larger in the long …

-aggregated trade data, turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth …

Exporting is crucial to a country’s trade performance in terms of increasing its foreign exchange reserves and … improving the terms of trade. At the firm-level too, exporting serves significant purpose by enhancing sustainability …

particularly strongly across generations, such as education and health spending, green energy, and major transport projects. In …

particularly strongly across generations, such as education and health spending, green energy, and major transport projects. In …

services. Above a particular trade level, transport service suppliers find it profit-maximizing to invest in an advanced …In this paper we claim that distance alone is a poor proxy for international transport costs in empirical studies. We … model a manufacturing and a transport sector and let the level of manufacturing exports determine the demand for transport …

paper strives to show how this empirical regularity would alter conventional results in trade literature. This paper shows … higher welfare level, the gains from trade is generally lower than the situation without. In addition, the model built in … this paper offers micro foundations for additive trade cost and features endogenous response of shipping charges to iceberg …