In this paper, we merge the heterogenous firm trade model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale,...

The literature on trade liberalization has recently shifted its attention from trade liberalization in imported final goods to studying the effects of trade liberalization in imported intermediate inputs. This emphasis fits very well the trade liberalization experience of China following its...

What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...

We derive a simple equation to calculate the global welfare impact of the simultaneous reduction of trade costs between multiple country-pairs. Interestingly, we find that we obtain the same equation for a broad class of trade models. Moreover, balanced trade is mostly not required for the...

Air transport has experienced phenomenal growth in China over the last 30 years, but studies on China's airport development are few. This paper aims to fill in this literature gap by focusing on the determinants of airport development in the Chinese regions using the most up-to-day and...

Air transport has experienced phenomenal growth in China over the last 30 years, but studies on China’s airport development are few. This paper aims to fill in this literature gap by focusing on the determinants of airport development in the Chinese regions using the most up-to-day and...

A lot of social, economic and physical problems are found within the 40 problem Districts (Enforcing Districts) located across the Netherlands. A possible way to tackle some of the safety and employment problems is the application of Mix-Use strategy proposed by the Dutch government. Within this...

Netherlands has set national energy targets for year 2020 following the European Union vision. In this context at the local level Eindhoven Municipality has set its ambition to go energy neutral in housing sector by 2020 and decided to develop new energy neutral housing areas. Lack of strict...

The stagnation in a Brownfield redevelopment can be fasten-up by introducing Public-Private Partnership (PPP) agreements as argued by numerous literature. There are numerous PPP agreements and we will focus on the joint venture companies (JVC) as it is the most present form of partnership in the...