Previous theoretical contributions on endogenous tariff formation have focused on trade models with homogeneous goods and constant returns to scale. This paper investigates the political equilibrium of trade policy when economic structure is instead characterized by differentiated products and increasing returns to scale and there exists intra-industry trade. The result shows that endogenous ta...

The simultaneous exports and imports of a product within country or a particular industry called intra-industry trade (IIT) or two-way trade. In the recent years, the government of Pakistan had realized factors to liberalize the international trade. The literature of international economics demonstrates that this condition (trade liberalization) induces the IIT. The case study for Pakistan has ...

this paper is analysing the role of economic reforms on the labour market in iranian industry in economic reform period (1990-2005), and in turn, it is comparing it with closed economic period (1979-1989). in order to do the above comparative analysis, the manufacturing industry has been categorized based on hecksher-ohlin and gause methodology. accordingly, we have some industrial groups, incl...

the absence of merchants played a significant role in the movement of national oil industry and had undeniable effects on the failure of this movement in 1953. the focus of this study is to find out the reasons why merchants were absent in the great oil national movement. in this study, document analysis was used to respond to the research question. the finding shows that the merchants especial...

Rapid trade liberalisation can exert profound effects on labour markets. Domestic firms, to sustain competitiveness for survival, could react through cutting labour benefits to achieve cost reductions. Alternatively, trade liberalisation may alter the industry composition of firms changing the aggregate formality rates. This paper studies the relationship between trade liberalisation and inform...

Using state and industry-level unemployment and trade protection data from India, we find no evidence of any unemployment increasing effect of trade reforms. In fact, our state-level analysis reveals that urban unemployment declines with liberalization in states with flexible labor markets and larger employment shares in net exporter industries. Moreover, our industry-level analysis indicates t...