Per-Shipment Costs and the Lumpiness of International Trade

Regional Heterogeneity and China’s International Trade: Sufficient Lumpiness or Not?

Information Costs and Networks in International Trade

This paper discusses the impact of information costs on the organisation of international trade. The conditions under which trade is organized through an information intermediary, the incentives for network building and the implications for trade volumes are analysed using a stylised model. The model illustrates how information barriers can affect the way trade is organised. The model shows how...

Patterns and Determinants of International Trade Costs in the Food

This paper documents patterns in international trade costs in processed foods for a large cross-section of developing and developed countries, during the 1976-2000 period. A trade costs index is inferred from a micro-founded gravity equation that incorporates bilateral ‘iceberg’ trade costs. For 2000, the weighted average tariff equivalent of trade costs ranges from 73% for the North to 134% fo...

General Trading Costs in Pure Theory of International Trade

We use the HOS model of international trade to find a link between trading costs and pattern of trade, not just its effect on volume of trade. We prove that higher trading costs in labor-abundant countries will restrict volume of world trade by working against factor endowment bias and conversely for the capital-abundant nation. Asymmetric trading cost between goods may have paradoxical output ...

Development of International Trade in Health Services in the Legal System of World Trade Organization

The World Trade Organization, as one of the youngest international organizations following its 50th activity of predecessor means the General Agreement on Tariffs and Trade in the Multilateral Trade System, through the establishment of a General Agreement on Trade in Services, regulated the domain of International Trade in services and by designating Integrated legal framework for the advanceme...