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Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
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Since the 1980s, the management and disposal of hazardous waste has been an ongoing and escalating global problem. While Northern countries generate most of this waste, a large quantity is exported to the global South. This places a disproportionate burden on countries that frequently lack the...
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Studies analyzing renewable energy market development usually investigate additional capacity or investment. Characteristics, roles and determinants of cross border trade with renewable energy system components remain blurred. Environmental regulation and renewable energy policies are important...
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competitive world economy. Our method is novel. The effect of border barriers on trade flows is often inferred from gravity models …
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Working with a panel dataset of of OECD countries over the decade 1994-2004, we examine linkages between cross-border trade and FDI in the service sectors. We first develop a consistent analytical framework for the application of the gravity model jointly to services trade and commercial...
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