This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home …

This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A …

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research. -- trade agreements ; multilateralism …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

's per capita income and the extensive margin of bilateral trade. The underlying mechanism is based on the fact that agents … therewith the extensive margin of trade. We formalize this intuition by incorporating preferences that allow for binding non … expenditures and aggregate values of bilateral trade flows and find that the behavior of the model's extensive margin of bilateral …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall …. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize …. We show analytically that an analysis based on iceberg costs necessarily underestimates the welfare gains from trade …

This note studies the influence of a financial transaction tax and transaction costs on the optimal production and …

der Weltwirtschaft und bei den Terms of Trade führt. Bei den Komponenten wird vermutet, daß solche, die … fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small …

The number of preferential trade agreements has greatly increased over the past two decades, yet most existing … bilateral arrangements take the form of free trade areas, and less than ten percent can be considered to be fully °edged customs … unions. This paper develops a political economy model of trade policy under imperfect competition to provide a positive …