In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade …. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of … goods will deliver price equalization in capital goods, but cannot reproduce the observed trade flows. -- international …

market structure for cross-country relative price variability. It is found that, in accordance with predictions from a … of cross-country relative price variability. The empirical findings are robust to the inclusion of various control …

market structure for cross-country relative price variability. It is found that, in accordance with predictions from a … of cross-country relative price variability. The empirical findings are robust to the inclusion of various control …