We use comparable micro level panel data for 14 countries and a set of identically specified empirical models to investigate the relationship between exports and productivity. Our overall results are in line with the big picture that is by now familiar from the literature: Exporters are more...

A large share of world trade, especially among the OECD countries, is two-way trade within industries, so-called intra-industry trade (IIT). Despite this, few attempts have been made to examine why countries export some products within industries, whereas they import others. We examine this...

Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports...

The standard measures of effective protection calculate EPRs by reference to an activity′s principal product. In many activities by‐products which have a positive economic value are important. Revises the standard measures to allow for the incorporation of by‐products and uses an example...

This article modifies a framework developed in industrial organisation analysis to identify the nature of the gains associated with pure intra‐industry exchange, and to isolate the factors which may influence their magnitude. The analysis suggests that since the magnitude of any gains is...

Voluntary export restraints (VERs) have been widely used in recent years. VERs may be applied on a quantity or a ratio basis. A simple on‐equivalence between volume and ratio VERs is noted and potential political economy aspects are commented on.

Intro -- Title page -- Copyright page -- Contents -- Notes on Contributors -- TRADE POLICY REVIEWS -- 1: Australian Trade Policy Strategy Contradictions -- Background -- The Australian Trade Policy Context -- Trade Policy Review -- Moving Forward from Preferentialism -- Conclusion -- References...

A great deal of public policy is harnessed to raising productivity growth. Although it is believed that the process is intimately linked to globalization, the precise links are less well known. This volume offers a comprehensive overview of links between international trade, foreign direct...