Dixit and Norman ("Theory of International Trade", Cambridge: Cambridge University Press, 1980) showed that, under certain conditions, the world economy replicates the equilibrium of the hypothetical integrated economy without national borders in the traditional trade model with perfect...

An econometric international supply/demand/trade simulation and forecast sorghum model in a partial equilibrium framework is built in this research paper to quantify the effects of key exogenous variables on the U.S.-Mexico sorghum trade. A forecast baseline is also established by using the...

Die Studie zeigt, dass sich insbesondere kapitalintensiv gefertigte Produkte, deren Fertigung mit hohen Skaleneffekten verbunden ist, für den Außenhandel eignen. Entsprechend treten vor allem Unternehmen aus dem Produzierenden Gewerbe und dem distributiven Sektor als Exporteure auf. Die...

The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...