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Findings from the literature suggest that previous estimates of the variety gains from trade are too small because of …
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We propose a social welfare function to evaluate a profile of income streams and compare the welfare gain of the actual profile relative to the income profile where the individual receives his first period income in each period. We derive necessary and sufficient conditions for the welfare gain...
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zeigt, dass ein tiefgreifendes Handelsabkommen(Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …, which analyzes the dimensions and impact of a free trade agreement between the USA and the EU. Accordingly, a comprehensive … free trade agreement (Transatlantic Trade and Investment Partnership, TTIP) between the two regions, which includes a …
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There has been great focus in the recent trade theory literature on the introduction of firm heterogeneity into trade … only form of trade restrictions. Moreover, a standard assumption is that firms differ across marginal cost, yet empirical … in trade restrictions, a necessary step towards studying strategic trade policy. In addition, I highlight the differences …
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