economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity. Peter Temin, one of the … encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant … Ancient History -- Part I: Prices -- Introduction: Data and Hypothesis Tests -- 2. Wheat Prices and Trade in the Early Roman …

International trade costs are of vital importance because they determine trade patterns and therefore economic … performance. This paper develops a new micro-founded measure of international trade costs. It is based on a multi-country general … equilibrium model of trade that incorporates bilateral 'iceberg' trade costs. The model results in a gravity equation from which …