Three is the smallest number for illustrating some properties of the theory of production and trade. The number two is convenient but leads to incomplete intuition. The present paper synthesizes the literature on high dimensional trade theory ancl presents some new results using models with three factors, goods, or countries. The theory of production and trade is two dimensional, based on expor...

Manuscript No: #8529, Acceptance date: November 30, 1999 Trade liberalization and cartel stability* Kjell Erik Lommerud Lars Sørgard RRH: TRADE LIBERALIZATION AND CARTEL STABILITY LRH: Kjell Erik Lommerud and Lars Sørgard Abstract Can reduced trade barriers promote a collusive understanding about not exporting into each others domestic markets? Reduced trade costs increase the short-run gains f...

In popular discussion much has been made recently of the susceptibility of government policies to lobbying by foreigners. The general presumption has also been that such interactions have a deleterious effect on the home economy. However, it can be argued that, in a trade policy context, bending policy in a direction that would suit foreigners may not in fact be harmful: If the policy outcome a...

Consumers are paying more and attention to ethical social criteria during grocery shopping. As a result, Fair Trade products which certified address global supply chain issues (e.g., forced labor, working conditions, fair pay), gaining popularity. However, it is unclear extent labels might influence how consumers perceive such labelled food products. The aim of this research was examine the pot...

The economic performance of Sub-Saharan Africa (SSA) over the past two decades has been disappointing. The initial explanation for this poor performance focussed on deficient macroeconomic policies. However a number of SSA countries have undertaken and sustained a reasonable measure of macroeconomic reform and still see no significant expansion in the growth of manufactured exports. This sugges...

The problem of slaughterhouse waste water can be resolved by mixing it with serum from lacteal industry to produce a biogas. The effect of serum addition on the anaerobic co-digestion of solid and liquid slaughterhouse waste has been studied. The experimental device consisted of a continuous digester by recirculation of biogas produced in the anaerobic digestion. The input effluent was a mixtur...

The Humanoid Robotics Project of the Ministry of Economy, Trade and Industry of Japan realized that biped humanoid robots can perform manual labour. The project developed humanoid robot platforms, consisting of humanoid robot hardware and a package of fundamental software, and explored applications of humanoid robots on them. The applications include maintenance tasks of industrial plants, tele...