-North intermediate goods trade framework. International product market integration leads to redistribution of market shares from 'weak … restrictions which prevent the economy from reaching a first best allocation. The positive welfare effects of opening to trade are … integration. -- employment protection ; firing margin ; trade in intermediate goods ; labor market turnover ; revenue risk …

draws global trade and specialisation scenarios up to 2060, taking into account international spillovers. The report … highlights that comparative advantage in terms of factor endowments matters for trade specialisation, although framework and … trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this …

draws global trade and specialisation scenarios up to 2060, taking into account international spillovers. The paper … highlights that comparative advantage in terms of factor endowments matters for trade specialisation, although framework and … trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this …

According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not …

As Latin America and the Caribbeans "Great Liberalization" reaches its 30th anniversary, we revisit the trade and …

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … natural disasters affect bilateral trade, and that this effect is conditioned by geographical variables such as distance to …

In this article we present evidence of the long-run effect of trade openness on income per worker for two regions that … positive impact of trade openness in both Asia and Latin America although the size is smaller in the second region. We … associate this finding with the degree to which trade was managed in both regions of the developing world. …

-development-oriented governmental strategy. The effects of regional integration can be maximized for countries stressing open trade as opposed to … creating trade-diverting conditions, which requires drafting different kinds of agreements, particularly free trade agreements … on the economies of Armenia, Azerbaijan, Georgia, and the PRC by using several specific trade indicators and a partial …

Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However …, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into … economic growth. The Aid for Trade Initiative – launched at the 2005 World Trade Organisation conference in Hong Kong – aims at …