Publisher Summary This chapter discusses some aspects of technology and its impact on
trade and economy. It provides a unified and synthetic treatment of various models so that their …

This essay reviews what we currently know about the environmental consequences of
economic growth and international trade. Using a unified framework, we critically review both …

This paper develops a simple model of international trade with intermediation. We consider
an economy with two islands and two types of agents, farmers and traders. Farmers can …

… Much of the mystery which hangs about the trade of a nation may be dispelled by the reflection
that the trade between two nations is the aggregate of the trade between their individual …

… trade theory is an approach to international trade that emphasizes precisely the features of
the international economy that traditional trade … we think about international trade. Although I …

… literature on services trade, focusing on contributions that investigate the determinants of
international trade and investment in services, the potential gains from greater trade, and efforts …

… It must be recognized, however, that while trade measures are rarely, if ever, the first-best
policy for addressing environmental problems, governments have found trade measures a useful …

… only a case for trade instead of a case for free trade. It is even … trade restrictions would reach
such proportions that our general case for free trade would be reduced to a case for no trade …

… To construct the instrument for international trade, we first estimate a bilateral trade equation
… ' overall trade. In contrast to conventional gravity equations for bilateral trade, our trade …

… trade, aided by declines in transport costs and trade barriers. Only by about the mid to late
1970s did world trade … hyperglobalization, in which world trade has soared much more rapidly …