will be net exporters in scale-intensive industries. The hypotheses are empirically tested by studying the trade of each …

-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …

There are two principal theories of why countries trade: comparative advantage and increasing returns to scale. Yet … structure and trade. We use a framework that nests an increasing returns model of economic geography featuring "home market …" effects with that of Heckscher-Ohlin. We employ these trade models to account for the structure of OECD manufacturing …

specialization and trade: products where timely delivery is important will be produced near the source of final demand, where wages …

This paper develops a quantitative, multi-country model of endogenous growth, international trade, and international … about and applying research previously conducted abroad. The effect of trade barriers on the level and dispersion of income … across countries is found to be larger than would be predicted by a static trade model, and the effect of access to …

In this chapter, Daniel Schwanen addresses the impact of the major trade liberalization efforts undertaken by Canada … and its trading partners beginning with the Canada-U.S. Free Trade Agreement (FTA) in 1989. The author focuses in … particular on the question of whether liberalized trade could have been a factor behind the emergence of greater inequalities in …

domestic profits for a large sample of U.S. manufacturing industries. In our model, trade barriers alter the ability of … domestic market structure to influence domestic performance. The results indicate that trade flows behave as expected in …