analysis of the geography of trade relations (i.e. the size, the composition and the direction of exports and imports flows …) between the EU and the ENP countries. The findings of the paper illustrate the emerging patterns of trade relations among the …

This paper studies the effects of investment tax credits on firms’ input choices by exploitinga sudden shift in the tax … significant increase in both investment and employment, with implied elasticities with respect to capital costs of 2.8 and 1 … evidence that the average firm adjusts its skill mix or occupational structure, firms in industries with higher investment …

agreements and other related schemes. This estringent fall has provoked an explosion of physical, trade and investment …During the last century there has been a huge reduction in trade costs at almost every spatial scale impulsed not only … by technological advances applied to transport and communication systems, but also by the spread of regional trade …

externalities in the presence of a preferential trade agreement (PTA) in a three-country world. In particular, we examine how a PTA … the several forms of PTAs, we focus on free trade areas (FTAs), where each member country chooses its external tariffs … independently. We build a three-country oligopolistic trade model by incorporating the endogenous determination of standards by …

Why are trade agreements regional? I address this question in a model of oligopoly featuring product variety. Tariffs … have the effect of manipulating a country's terms of trade and shifting profits towards the domestic market at the expense … of foreign trade partners. Countries endogenously form into regional trade agreements or global free trade in a framework …

We develop a theory of economic disintegration that features both endogenously formed tax and trade policies. We show … international trade institutions. Moreover, we set up a multi-country, multi-sector general equilibrium trade model with …

Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and … either directly the evolution of trade costs over time or the sensitivity of trade flows to distance in gravity models. In … their survey of the empirical trade literature, Leamer and Levinsohn (1995) conclude that the effect of distance on trade …