Schmerer, Hans-Jörg; Wang, Luhang - 2014
trade share around and after China's accession to the World Trade Organization. Based on this stylized fact we analyze the …Krugman's (1979, 1980) monoplistic competition model of trade showed that countries with more similar per-capita GDP … trade more with each other. Does this mean that developing countries shift trade towards developed countries as a result of …