We demonstrate that Rybczynski’s classic comparative statics can be reversed in a Heckscher-Ohlin world when preferences in each country favor the exported commodity. This taste bias has empirical support. An increase in the endowment of a factor of production can lead to an absolute...

With the virtual disappearance of tariffs, domestic export time delays have emerged as a major obstacle to trade. This explains recent WTO initiatives to combat such delays that have resulted in important reductions in forty percent of developing countries. We propose a novel mechanism by which...

A growing body of literature in the field of international trade highlights the increasing importance of the time delays associated with transporting goods over long distances and the differing effect that such delays have on traded goods that exhibit diverse degrees of time-sensitivity. This...