This paper analyzes the simplest neoclassical economy in which agents have finite lives and there is sustained per capita growth. The growth rate of the world economy depends upon countries' savings propensities and common technology. Trade can reverse an economy's autarkic growth trajectory, and a country with a high savings rate runs a current account surplus. If a surplus country expands agg...

International Trade with Lumpy Countries by Paul N. Courant and Alan V. Deardorff The University of Michigan This paper explores the implications for the pattern of international trade of various differences among regions within countries-what we call lumpiness. It is shown first that if factors of production are immobile among regions, and if they are sufficiently unevenly distributed across t...

This thesis is a collection of three essays in international trade. Chapter 1 explains how firm heterogeneity and market structure can distort the geography of international trade. By considering only the intensive margin of trade, Krugman (1980) predicts that a higher elasticity of substitution between goods magnifies the impact of trade barriers on trade flows. In this chapter, I introduce fi...

Electronic trade procedures or ‘scenarios’ are ready made, generic and reusable transaction models for trade communities such as seaports, banking, logistics, etc. They are made available to parties for downloading from repositories provided by international, regional, or industry organizations. However, current workflow-like representations of trade scenarios do not provide for situation-speci...

the least developed and developing countries constitute two third of the members the world trade organizations (wto). these groups of countries have different views and concerns on international trade issues. as far as development is concerned, they have different needs and their economic system is often weak and fragile and therefore, they need extra protection. the wto agreements contain spec...

this paper tries to test the relationship between trade openness and economic growth in former soviet :union: countries after their independence in 1991. it has become an article of faith in most economic and political circles that opening up the economy to international trade will produce substantial benefits in terms of greater consumer choice and higher living standards. higher productivity ...

This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which institutional differences play two roles: they create rents for some parties within the economy, and they are a source of comparative advantage in trade. Institutional quality is determined as an equilibrium of ...