for trade such that given standard assumptions about behavior under uncertainty, the equilibrium allocation would …

Traditional trade models ignoring the dimension of product quality generally lead to excessively low trade price … elasticities. In this paper, we show that higher estimated trade price elasticities, more in conformity with theory, can be … obtained by controlling product quality in trade equations. To do so, we have estimated trade equations including a product …

trade theory. Although the latter has experienced an impressive development in the last ten years, a comprehensive analysis …

This paper focuses on the possible effects on lobbying effort of a reform of the trade policy decision mechanism. In …

Within an open economy, redistributive taxation makes home output scarcer, thereby improving the terms of trade all …

disaggregated data det to find some evidence of hysteresis in trade flows (rather stronger for German imports than for British) and …