This paper presents a model of brain drain which emphasizes scale economies in advanced education. The author demonstrates that brain drain raises the education and income levels of a host country. However, contrary to the presumption that brain drain hurts the unskilled individuals left in a...

While the rest of the world issues patents to those who file applications first the U.S. do so to those who can demonstrate to have made inventions first. The U.S. has recently been under pressure to conform to the international rule. In this paper I examine the effect of international...

All international trade involves the shipment of commodities from one nation to another. Many commodities, before reaching their final destinations, are transshipped through several nations, each having independent authorities to tax commodities in transit. However, we show that such "middle"...

Many commodities, before reaching their final destinations, are transshipped through several nations, each having independent authorities to tax commodities in transit. However, we show that such gmiddleh nations may be unable to exercise monopoly power over commodities in transit and all the...

Consumers boycott some goods because they do not approve the ways they are manufactured. I examine the efficacy of boycotts and the role of trade policy in influencing the foreign exporter's technology choice. Even when its technology choice is unobservable, boycott threats can prompt the...

This paper first presents a dynamic model that features both real and monetary aspects of international trade and is capable of dealing with both full employment and secular unemployment. The model is then utilized to examine the effect of a tariff on the terms of trade, the trade pattern, real...