, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive … if no trade takes place but future trade is expected. Using a global database on food prices, we construct national and …

growth and financial development indicators. We then investigate whether the links observed in China, India and Brazil … determinant of export productivity. Moreover, except for Brazil, export productivity plays a positive effect on growth, and so … negatively associated with growth. …

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …

A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political … trade area for its members with respect to trade in goods and services and investment flows. It then looks at potential …

The aim of this paper is to explore the patterns of trade duration across regions and to identify its determinants …. Using an extended Cox model, we evaluate the effects of country and product characteristics, as well as of trade cost … variables on the duration of trade relationships from 96 countries from 1995 to 2004. Our results suggest first that the …

This short note tries to argue that distance is not necessarily harmful for trade. It is shown that there may be an … increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a … positive effect of distance on the volume of trade. It is also shown that exploitation of time zone difference raises welfare …

structural change impacts on inequality for a sample of advanced, emerging, and transition economies. Trade liberalization … found that the process of structural change increases income inequality, while trade liberalization and FDI inflows help to …

specialization in trade between Lithuania and the EU are determined. For measurement the pattern of export specialization in … advantage. Secondly, trade dissimilarity index is used to predict structural changes in Lithuanian exports. Using these methods … of measurement and standard international trade classification (SITC) was determined the nature and pattern of Lithuanian …

A large and growing number of countries participate in multiple preferential trade agreements (PTAs), which … increasingly entail broad cooperation over policies extending far beyond trade barriers. I review the traditional and … nontraditional motives for PTAs and their empirical determinants as well as their impacts on trade and on multilateral liberalization …

Trade encourages economic expansion and improves welfare based on international division of labor. However, trade also …