This paper develops a theory which investigates how firms’ choice of corporate organization is affecting firm performance and the nature of competition in international markets. We develop a model in which firms’ organisational choices determine heterogeneity across firms in size and productivity in the same industry. We then incorporate these organisational choices in a Krugman cumMelitz and O...

today trade is the basis of development of any societies that with its expansion, the industrial enterprises, takes advantage of its benefits and enhances their productivity. also they earn competitive advantage and further providing domestic needs, can capture the new markets. among these, the role of imports in trade is very important because the import of capital and intermediate inexpensive...

Economic theory suggests that liberalization of trade between countries with differing levels of environmental protection could lead pollution-intensive industry to concentrate in the nations where regulations are lax. This effect, often referred to as the “pollution haven” hypothesis, is much discussed in theory, but finds only ambiguous support in empirical research to date. Methodologies use...

This paper examines the development in the intra-industry trade pattern in two small open economies within the period 1961-1987. We compute Grubel-Lloyd indices and examine both the time pattern, the country pattern, and the product pattern. For both countries the level of intraindustry trade has grown rapidly and product differentiation has increased. However, this process occurred later in Ir...

International trade specialisation reflects differences in relative factor productivity and endowments, economies of scale or specific advantages of firms and it can have a significant impact on economic growth. We focus in this paper on trade specialisation dynamics in two Eastern European countries (Romania and Bulgaria – EEC-2) vis-à-vis the EU member states (EU-25). Specifically, we are int...

We analyse the effects of transboundary pollution on trade patterns and welfare in a general equilibrium trade model. Production in a dirty industry generates pollution that negatively effects productivity, both at home and abroad, in a clean industry. Trade may lead to the spatial separation of production but the existence of transboundary pollution can offset the benefits from specialization....

This paper provides new evidence on the impacts of trade reforms on wages. Instead of achieving identification by comparing industrial wages before and after one episode of trade liberalization, our strategy exploits the recent historical record of policy changes adopted by Argentina: from significant protection in the early 1970s, to the first episode of liberalization during the late 1970s, b...

The global aquatic pet trade encompasses a wide diversity of freshwater and marine organisms. While relying on a continual supply of healthy, vibrant aquatic animals, few sustainability initiatives exist within this sector. Public aquariums overlap this industry by acquiring many of the same species through the same sources. End users are also similar, as many aquarium visitors are home aquaris...

1 Introduction The current process of east-west European integration is a particularly striking example of the re-emergence of strong trade and, more generally, production linkages between two groups of economies which, albeit geographically close to each other, have had minimal trade and FDI links over a forty-year period. The rapid and deep liberalization of external relations after 1989 (acc...