The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...

The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...

The retail sectors in many industrialized countries have experienced a large increase in concentration and the appearance of so-called "retail deserts", areas of low retail provision. This study addresses the role of international trade in this process. The analysis shows that by raising product...

Carsten Eckel Außenhandel und Technologie Endogene Sunk Costs im allgemeinen Gleichgewicht Deutscher Universitäts-Verlag Inhaltsverzeichnis 1 Einleitung 1 2 Endogene Sunk Costs u nd die K ostenstruktur ...