improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …

systematically faster in sectors that were initially at the greater comparative disadvantage. The global welfare implications of this … remained the same as in the 1960s, and technology in all sectors grew at the same country-specific average rate, welfare today … is 1.9% lower at the median. The welfare impact varies greatly across countries, ranging from -0.5% to 6% among OECD …

firms' incentive to innovate and social welfare. In this framework, exporting firms invest in R&D to reduce their production … government aims to maximize the social welfare. We consider different settings of firm competition to explore their strategic … market always increases firms' output sales and social welfare and, in most cases, leads to higher R&D investments and …

, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with …

, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor …

, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor …

relative to when only the South does. If governments maximize national welfare and demand asymmetry across countries is …

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration â … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …

We calculate welfare gains of trade liberalization in the Central and East European transition economies, following the … product varieties is crucial to quantifying the welfare impact of trade liberalization. The empirical work relies on direct … conclusion is that freer trade has boosted welfare. …