This article attempts to relate the issues of health care quality with international trade. For this purpose we have mixed both flavours of Heckscher-Ohlin-Samuelson and Neo-Heckscher-Ohlin frameworks and have developed a hybrid type of trade theoretic general equilibrium model. In such a set-up...

In an ever-shrinking world, the intricate web of international trade has bound nations together in unprecedented ways. The flow of goods, services and ideas across borders is a testament to human ingenuity and cooperation. Yet, the ripples of economic crises, whether spurred by financial...

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...

We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...