International Trade

International Trade Absolute Cost Differences and Persistent Trade Imbalances

International Trade   Absolute Cost Differences and Persistent Trade Imbalances: The Harrodian Adjustment Process, in Pensamiento Económico y Cambio Social: Homenaje a Javier Iguíñiz, Fondo Editorial, PontificaUniversidad Católica del Peru 

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Explaining Long Term Exchange Rate Behavior in the United States and Japan

With Rania Antonopoulos, forthcoming in Alternative Theories of Competition: Challenges to the Orthodoxy, Jamee Moudud, Cyrus Bina, and Patrick L. Mason (eds.), Routledge, Abingdon. [Download PDF 860KB]
An extension of an earlier version of this work by Francisco A. Martínez-Hernández in Investigación Económica [Download PDF 810KB].