economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory …

&D externality implying a decrease of the social welfare. Opening markets to the international trade leads to more investment in R …

The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n …-country model in which countries trade differentiated industrial commodities as well as a numeraire good. Countries may be different … all countries are symmetric, a complete global free trade network is pairwise stable and it is the unique stable network …

We provide a unified framework for quantifying the cross country and cross-sector interactions among trade, innovation …, and knowledge diffusion. We study the effect of trade liberalization in a multi-country, multi-sector endogenous growth … trade costs induces a re-allocation of comparative advantage in production and innovation across sectors, which translates …

We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a …

In this paper we examine an alternative policy scenario, where governments allow polluting firms to trade permits in a …