Index 1063 Jens Eisenschmidt and Klaus Walde International Trade, Hedging, and the Demand for Forward Contracts Frank Engels, Panagiotis Th. Konstantinou, and Jens Sondergaard Productivity Trends and the Sterling Real Exchange Rates Carolyn L. Evans National Border Effects: Location, Not Nationality, Matters Joseph E. Gagnon Productive Capacity, Product Varieties, and the Elasticities Approach to the Trade Balance John Gilbert On Functionally Distributed Quotas Salvador Gil-Pareja, Rafael Llorca-Vivero, and José Antonio Martinez- Serrano The Effect of EMU on Tourism Arghya Ghosh _ A Note on Production Efficiency in Oligopolistic Trade Models Sucharita Ghosh and Steven Yamarik International Trade, Technology, and the Wage Gap: Evidence from Granger-causality Tests Jan I. Haaland and lan Wooton Domestic Labor Markets and Foreign Direct Investment Laszl6 Halpern and Miklos Koren Pricing to Firm: an Analysis of Firm- and Product-level Import Prices Tatsuo Hatta and Yoshitomo Ogawa Optimal Tariffs under a Revenue Constraint Alexander Hijzen International Outsourcing, Technological Change, and Wage Inequality Hong Hwang, Yan-Shu Lin, and Ya-Po Yang Optimal Trade Policies and Production Technology in Vertically Related Markets Munehisa Kasuya and Toshihiro Okada The Effects of Technology Changes on Sectoral Trade Patterns John Kitchen Sharecroppers or Shrewd Capitalists? Projections of the US Current Account, International Income Flows, and Net International Debt 1036 Istvan Konya and Hiroshi Ohashi International Consumption Patterns among High-income Countries: Evidence from the OECD Data Mario Larch The Home Market Effect in Models with Multinational Enterprises The Authors hing Ltd. 2007 1064 Index Jaewoo Lee and Man-Keung Tang Does Productivity Growth Appreciate the Real Exchange Rate? Claude Lopez and David H. Papell Convergence to Purchasing Power Parity at the Commencement of the Euro Jestis Rodriguez Lopez and Hugo Rodriguez Mendizabal The Optimal Degree of Exchange Rate Flexibility: a Target Zone Approach Jaime Marquez and John Schindler Exchange-rate Effects on China’s Trade Mark Melatos and Alan D. Woodland Pareto-optimal Delegation in Customs Unions Arijit Mukherjee and Uday Bhanu Sinha Welfare-reducing Domestic Cost Reduction Thomas Miiller Analyzing Modes of Foreign Entry: Greenfield Investment versus Acquisition Alberto Nastasi and Pierfrancesco Reverberi Foreign Market Entry Strategies under Asymmetric Information J. Peter Neary Simultaneous Reform of Tariffs and Quotas Ann L. Owen and Stephen Wu _ Is Trade Good for Your Health? Christian Pierdzioch and Georg Stadtmann Exchange Rates, Expectations, and Monetary Policy: a NOEM Perspective Georges Prat and Remzi Uctum Switching between Expectation Processes in the Foreign Exchange Market: a Probabilistic Approach using Survey Data Javier Reyes Exchange Rate Passthrough Effects and Inflation Targeting in Emerging Economies: What is the Relationship? Peter E. Robertson Global Resources and Eco-labels: a Neutrality Result Gianpaolo Rossini Pitfalls in Private and Social Incentives of Vertical Cross-border Integration and Disintegration Roy J. Ruffin and Ronald W. Jones International Technology Transfer: Who Gains and Who Loses? Hisashi Sawaki Trade Policies as Signals of Private Political Pressure Philipp J. H. Schréder Cartel Stability and Economic Integration © 2007 The Authors Journal compilation © Blackwell Publishing Ltd. 2007 Index 1065 Rashmi Shankar’ Balance Sheet Effects, Growth, and Crises 720 Kang Shi and Juanyi Xu Optimal Monetary Policy with Vertical Production and Trade Koji Shimomura Trade Gains and Public Goods Chiara Strozzi_ Product Market Integration and Union Collusion Nobuhito Suga and Makoto Tawada International Trade with a Public Intermediate Good and the Gains from Trade Dieter M. Urban Neoclassical Growth, Manufacturing Agglomeration, and Terms of Trade Miao Wang and M. C. Sunny Wong Foreign Direct Investinent Outflows and Business-cycle Fluctuations Yanling Wang ‘Trade, Human Capital, and Technology Spillovers: an Industry-level Analysis Akihiko Yanase Dynamic Games of Environmental Policy in a Global Economy: Taxes versus Quotas Catherine Yap Co US Exports of Knowledge-intensive Services and Importing-country Characteristics 890 Stephen R. Yeaple and Stephen S. Golub International Productivity Differences, Infrastructure, and Comparative Advantage Xuxin Yu The Pattern of Exchange Rate Effects on Chinese Prices, 1980-2002 Ngo Van Long, Raymond Riezman, and Antoine Soubeyran ‘Trade, Wage Gaps, and Specific Human Capital Accumulation Ngo Van Long and Antoine Soubeyran A Theory of Favoritism in an International Oligopoly Lei Zhu and Bang Nam Jeon International R&D Spillovers: Trade, FDI, and Information Technology as Spillover Channels 2007 The Authors Journal compilation Blackwell Publishing Ltd. 2007