inefficiency and stresses a need for institutional adjustments. We show that cooperation by water trade and the introduction of …

We analyze the interaction of economic and political determinants of free trade agreements (FTA). In addition to … standard trade gains, FTAs can promote peaceful relations by offering a political forum and by increasing the opportunity cost … of conflicts that disrupt trade. If policy makers believe in such pacifying effects of FTAs, country-pairs with large …

This paper emphasizes the relevance of classical transition dynamics for trade policy, particularly for developing … to trade policy reforms. The paper employs a simple growth model to examine these effects, formally developing the …

convergence. Focusing on the late nineteenth century, a period both of globalization and convergence, it shows that trade had an …

This paper explores the links between the patterns of migration (high vs. low-skill), trade policy, and foreign direct …

differentiation and trade in which duopolistic firms face quality-dependent costs and compete on quality and price in two segmented …

This paper provides novel evidence on the determinants of the synchronization in business cycles. I find trade has …

The negotiations on trade in services at the WTO have so far produced little liberalization beyond levels unilaterally …