Sundaram and Richardson employ a difference-in-difference, gravity-equation approach to quantifying the trade impact of high-technology export controls that are motivated by national security. They estimate the effect of controls on high-tech export performance of the United States, of its...

"Concerns that (1) growth in developing countries could worsen the US terms of trade and (2) that increased US trade with developing countries will increase US wage inequality both implicitly reflect the assumption that goods produced in the United States and developing countries are close...

"Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory is widely applied. It serves as the basis for...