The paper proposes a general model that will encompass trade and social benefits of a common language, a preference for …, network externalities and international trade that are typically treated separately. …

The paper proposes a general model that will encompass trade and social benefits of a common language, a preference for … externalities and international trade that are typically treated separately. …

marginal utility of income derive nonpecuniary benefits from farming. We use the model to show how lump-sum or decoupled …. Without payments, a lower living standard leads to higher marginal utility of income, making higher off-farm wages more … production via an income effect. …

standard market access mechanisms to give rise to aggregate income effects. When the initial levels of trade openness are …Within a two-country model of international trade in which heterogeneous firms face firm-specific unions, we study the … effects of different forms of trade liberalisation on market structure and competitive selection in the presence of inter …

unlikely to explain its unprecedented growth in exports and imports. China's outstanding performance in trade growth can be …This paper delves into China's differential growths in trade flows with high income countries by focusing on bilateral …'s trade growth patterns with major high income countries clearly indicate that the adjacency-neighborhood partners alone is …

trade liberalisation can affect wage inequality among identical workers both across firms (via its effects on competitive …