The purpose of this pages is to review the recent literature on Indra-industry trade and to add some further insights into the likely causes of a phenomenon that has attacted the attention of many economists during the past twenty years; indeed intra-industry trade has been viewed as the most...

This paper examines the relationship between religion and home bias. We propose a simple theoretical framework that suggests that countries interacting via their representative individuals might show a certain degree of religion-driven international altruism that in turn affects trade. We test...

A popular way of obtaining essential inputs requires the establishment of an input production joint venture (IPJV) in the upstream (U) section of the vertical chain of production by firms competing and selling final goods in the downstream (D) section of the vertical chain. In spite of the...