This paper develops a two-country, two-sector (X and Y) model of international trade. One country has comparative … advantage in the increasing returns Y-sector. The direction of trade depends on the relative size of the countries and the …-good and the largest country loses from trade is possible. A dynamic equilibrium where the X-sector is subject to learning by …

We develop a two-sector, two-country model where trade is driven by technological differences. Each country is … technological advantage in the skilled intensive good when we allow for both trade and migration skilled workers migrate to that …

Colombia from 1989-1993, with a particular emphasis on the transition and including any anticipation effects. We develop an … accumulation, and trade in financial assets. The model is calibrated to match Colombian exporter dynamics, sectoral trade openness … predicts much larger gains from these reforms than models that abstract from exporter dynamics, sectoral heterogeneity, trade …

We study trade policy in a two-sector Krugman (1980) trade model, allowing for production, import and export subsidies …/taxes. We consider non-cooperative and cooperative trade policy, first for each individual instrument and then for the situation … driving force behind non-cooperative trade policy in this model, we show that this, in fact, is not the case. Instead, the …