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Quantitative studies estimate that potential two way trade between India and Pakistan can be about 10 times than its rather unsatisfactory current level of $ 613 million. Moving towards realizing this trade potential is clearly in the interest of both countries and the region. In this context...
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The incorporation of details of industrial organisation into the study of international trade has been the subject of a fast growing recent literature which is surveyed in this paper. Whereas the conventional theory of trade deals almost exclusively with perfect competition and non-increasing...
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We develop a model with one innovating northern firm and several heterogeneous Southern firms that compete in a final product market. We assume the southern firms differ in their ability to adapt technology and use this heterogeneity to study the differing incentives of southern governments to...
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New Zealand has had a complex process of adjusting commercial policy since the economic reforms began in 1984. This paper reports on the results of a research project to estimate the trends in industry assistance over this period and the variance of assistance within 2-digit industry groupings.
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Using an applied general equilibrium model we explore the potential effect of comprehensive trade liberalization in a selection of Latin American developing economies. Over the last decade many of these economies have suffered from high levels of unemployment, and the consequences of reform on...
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