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Free Trade Agreements and the Consolidation of Democracy
Liu, Xuepeng; Ornelas, Emanuel - CESifo - 2013
of regionalism and of worldwide democratization since the late 1980s. …
Persistent link: https://www.econbiz.de/10010877928
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Reciprocity, World Prices and Welfare
Raimondos-Møller, Pascalis; Woodland, Alan D. - CESifo - 2011
We examine in detail the circumstances under which reciprocity, as defined in Bagwell and Staiger (1999), leads to fixed world prices. We show that a change of tariffs satisfying reciprocity does not necessarily imply constant world prices in a world of many goods and countries. While it is...
Persistent link: https://www.econbiz.de/10009324094
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Trade Agreements
Kowalczyk, Carsten; Riezman, Raymond - CESifo - 2009
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10004979401
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Tariff Liberalization and Trade Integration of Emerging Countries
Disdier, Anne-Célia; Fontagné, Lionel Gérard; … - CESifo - 2013
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10010877681
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Zooming Out: The Trade Effect of the Euro in Historical Perspective
Berger, Helge; Nitsch, Volker - CESifo - 2005
In 1999, eleven European countries formed the Economic and Monetary Union (EMU); they abandoned their national currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by itself) to a sizable and statistically significant...
Persistent link: https://www.econbiz.de/10005405814
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Self-Enforcing International Environmental Agreements and Trade: Taxes Versus Caps
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2014
This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10010948902
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Self-Enforcing Environmental Agreements and International Trade
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2013
In the basic model of the literature on international environmental agreements (IEAs) (Barrett 1994; Rubio and Ulph 2006) the number of signatories of self-enforcing IEAs does not exceed three, if non-positive emissions are ruled out. We extend that model by introducing a composite consumer good and...
Persistent link: https://www.econbiz.de/10010703426
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Global Environmental Agreements and International Trade: Asymmetry of Countries Matters
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2014
climate damage asymmetry tends to discourage cooperation in the grand coalition. The effects of fuel-demand asymmetry depend … on fossil fuel abundance. If fuel is very abundant, the grand coalition fails to be stable independent of the degree of … higher degrees of asymmetry stabilize the grand coalition. …
Persistent link: https://www.econbiz.de/10010960648
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Self-Enforcing Capital Tax Coordination
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2013
provision of public goods and with it the welfare of all countries can be enhanced via tax coordination. Based on the standard … Zodrow-Mieszkowski-Wilson tax-competition model this paper analyses the conditions under which tax coordination by a group of … countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the …
Persistent link: https://www.econbiz.de/10010706007
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Reciprocity Networks and the Participation Problem
Dufwenberg, Martin; Patel, Amrish - CESifo - 2014
private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10010812485