This study examines the home bias in trade in goods and services within the European Union. Using the newest release of … trade-reducing effect of borders is found to be sizeable. It is greater for trade in services than for goods, though the …

This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

study is based on a sample of 27 German trade partners in 14 manufacturing industries for the period 2004 to 2016. Using … certain industries. We also show that the level of absorptive capacity of the exporting trade partner, as measured by the …

Trade encourages economic expansion and improves welfare based on international division of labor. However, trade also …

trade can be interpreted under certain assumptions as indicating the nature of the factor price adjustments that can, in a … specified sense, be attributed to that trade. This paper elaborates on the sense in which this result says anything about the … factor market effects of trade. It also examines several of the assumptions that were used by Deardorff and Staiger to …

fragmentation into simple theoretical models of international trade, the paper finds the effects of fragmentation on national … welfare, on patterns of specialization and trade, and on factor prices. Models examined include the Ricardian Model and the … terms of trade against it. 3. Even in a country that gains from fragmentation, it is possible (but not necessary) that some …

trade economists and from labor economists: What has caused the relative wage of skilled labor compared to unskilled labor …

international trade. Fragmentation is defined as the splitting of production processes into parts that can be done in different …

trade then comparative advantage can be generated through the difference in the degree of the labor market imperfection even … persists within the country, for both home and foreign, in spite of free trade and, free trade does not guarantee the reduction …

. The model for this purpose is the two-cone version of the Heckscher-Ohlin (HO) trade model, in which countries have … different factor prices even with free trade and in which they produce mostly different groups of goods. In that model, unlike … rich country. The paper argues that this will then lead to the rich country restricting trade. This in turn will lower the …