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Inequality and Endogenous Trade Policy Outcomes
anti-trade bias inequality protectionism trade policy
2015/9/22
An enduring puzzle in international economics is why trade interventions are biased in favor of importcompeting rather than export sectors and therefore restrict trade. In this paper, we show that if ...
Are Preferential Trade Agreements with Non-trade Objectives a Stumbling Block for Multilateral Liberalization?
Multilateral trade negotiations regional integration cross-border externalities environment labor standards
2015/9/22
In many preferential trade agreements (PTAs) countries exchange not only reductions in trade barriers but also cooperation in non-trade issues such as labor and environmental standards, intellectual p...
The Clash of Liberalizations:Preferential vs.Multilateral Trade Liberalization in the European Union
Preferential trade agreements customs unions multilateral trade negotiations MFN tariff concessions reciprocity
2015/9/22
There has been an explosion in the number of preferential trade agreements (PTAs) in the last decade. PTAs are characterized by liberalization with respect to only a few partners and thus they can pot...
Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements
Dispute Settlement WTO Tariffs Monetary Fines Bonds Concessions Reciprocity Policy Coordination
2015/9/22
We analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in respo...
We explore conditions under which trade agreements can provide gains by reducing trade-policy uncertainty. Given the degree of income risk aversion, this is more likely when economies are more open, e...
Trade and Investment under Policy Uncertainty:Theory and Firm Evidence
Investment Trade Uncertainty Policy Agreements
2015/9/22
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
Policy Uncertainty, Trade and Welfare:Theory and Evidence for China and the U.S.
Policy Uncertainty Trade Welfare China the U.S.
2015/9/22
We examine the impact of policy uncertainty on trade and real income through firms’ export investments in general equilibrium. We quantify the trade policy causes and welfare effects of China’s export...
Poor Quality Drugs and Global Trade: A Pilot Study
prescription drug quality international trade Africa India.
2015/9/21
Experts claim that some Indian drug manufacturers cut corners and make substandard drugs for markets
with non-existent, under-developed or emerging regulatory oversight, notably Africa. This paper a...
International Trade, Multinational Activity, and Corporate Finance
international trade multinational companies
2015/7/21
An emerging new literature brings unique ideas from corporate finance to the study of
international trade and investment. Insights about differences in the development of financial institutions
ac...
A growing literature on trade and finance has established that credit constraints are an
important determinant of global trade patterns. This paper surveys the recent theoretical and
empirical dev...
China's Exporters and Importers: Firms, Products and Trade Partners
exporters importers multinational firms
2015/7/21
This paper uses newly available data on Chinese trade flows to establish novel and
confirm existing stylized facts about firm heterogeneity in trade. First, the bulk of exports and
imports are cap...
Provide first evidence on link between managerial competence
and export performance to inform underlying mechanisms
Exploit unique data on management practices, balance sheets, and
comprehensive ...
Contract enforceability and economic institutions in early trade;the maghribi traders'coalition
enforceability economic institutions
2015/7/20
Contract enforceability and economic institutions in early trade;the maghribi traders'coalition。
Institutions and international trade:lessons from the commercial revolution
Institutions and international trade commercial revolution
2015/7/20
Institutions and international trade:lessons from the commercial revolution。
Trade induced technical change?The impact of Chinese imports on innovation,IT and productivity
China technical change trade firm survival employment
2015/7/15
We examine the impact of Chinese import competition on broad measures of technical change - patenting, IT and TFP – using new panel data across twelve European countries from 1996-2007. In particular,...