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U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation have been quite modest even after the change in U.S. biofuel policies in 2006. In contrast, increases in the real prices of corn, soybeans, wheat and rice received by U.S. farmers...
Persistent link: https://www.econbiz.de/10011084483
world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists … reduction in emissions. A second exercise comparing the actual trade situation with an autarky benchmark estimates that trade …
Persistent link: https://www.econbiz.de/10005504371
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed … produced with a clean and a dirty input. I show that a temporary Northern policy combining clean research subsidies and a trade … tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate …
Persistent link: https://www.econbiz.de/10011084402
understanding of the implications of the exchange rate regime for trade and capital flows is still limited. We argue that two key … results. First, the level of trade is not necessarily higher under a fixed exchange rate regime. Second, the level of net …
Persistent link: https://www.econbiz.de/10005792137
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade … liberalization occurred, why trade liberalization took the form of reciprocity combined with multilateralism, why the liberalization … allows for protectionist policies, and why there is opposition to the globalization of markets that has occurred as the …
Persistent link: https://www.econbiz.de/10005067625
sources into those attributable to productivity events in the core and to globalization forces connecting core to periphery …-1878. There were three forces at work that account for Mexican exceptionalism: first, the terms of trade and Dutch disease effects …
Persistent link: https://www.econbiz.de/10005123574
equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative … falling trade costs for goods. However, we also find that if the globalization process continues as a result of reduced costs … fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a …
Persistent link: https://www.econbiz.de/10005123637
This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade … presence of two effects that trade can have on the risk of civil conflicts: it may act as a deterrent if trade gains are put at … risk during civil wars but it may also act as an insurance if international trade provides a substitute to internal trade …
Persistent link: https://www.econbiz.de/10005124456
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and … probability of escalation is indeed lower for countries that trade more bilaterally because of the opportunity cost associated …
Persistent link: https://www.econbiz.de/10005504509