...Don P. Clark Purpose This paper proposes to use changes in intra‐industry specialization indicators over the period 1996‐2008 to assess the potential for factor adjustment pressures that may arise in the USA if the proposed USA‐Colombia Trade Promotion Agreement (TPA) is implemented. Results show...

... for determining and testing adjustment velocities using data about cellphone service in Colombia in the time period from 1995 to 2001. Findings Empirical evidence suggests the following: first of all, companies operating in the cellphone market behave as cournot's competitors and have constant marginal costs...