While theoretical models suggest that trade is likely to increase productivity and income levels, the empirical … evidence is rather mixed. For some countries, trade has a strong impact on growth, whereas for other countries there is no or … even a negative linkage. We examine one likely prerequisite for a welfare increasing impact of trade, that is, the role of …

unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …

The paper empirically explores the international linkages between gender inequality and trade flows of a sample of 92 …

gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and …

the dynamics of the U.S. trade balance. Using sign restrictions based on robust predictions by standard theory, we … rest of the world, and deteriorate net exports; both the U.S. real exchange rate and the U.S. terms of trade appreciate in … response to these shocks. Demand shocks also appreciate the dollar, but have negligible effects on absorption and the trade …

This paper advocates a new way of thinking about goods trade in an open economy macro model. It develops a simple … method for analyzing trade costs that are heterogeneous among a continuum of goods, and it explores how these costs determine … the endogenous decision by a seller of whether to trade a good internationally. This way of thinking offers new insights …

remuneration to innovators for the spillovers they generate. Well-designed IPR regimes imposed at the time of trade liberalization … will be welfare enhancing for both regions relative to trade liberalization without IPR enforcement. …

This paper studies the transitional dynamics in a quality ladder model of endogenous growth in which North-South trade … incorporated into both imitative and innovative processes, which in turn drive domestic technological progress. International trade … numerically to illustrate the transition paths and welfare effects of Southern trade liberalization. While particular welfare …