and labor. We exploit a quasi-natural experiment in the form of a trade reform in Colombia to study how firms with …

-related products such as vaccines which, in turn, would boost usage. In the last part of the paper, we study the price differences for … insulin across countries. We observe that the price of insulin has various determinants, one of them being open trade: the … higher the level of competition between manufacturers, the lower the price of insulin. In summary, lowering trade barriers on …

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in … relative price of tangible tradable capital goods provided a significant impetus to the capital deepening that took place … during the same time period. The broad-based decline in the relative price of machinery and equipment, in turn, was driven by …