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This paper examines whether considerations about trade creation (TC) and diversion enter into the decisions countries make about joining free trade areas. Estimates of trade creation and diversion for each new trade agreement started between 1985 and 1994 are generated by comparing trade flows...
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TB
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This paper analyzes the influence of domestic political considerations by disputing governments on the WTO enforcement outcome, following a violation ruling against the defendant. Since a different mix of import or export sectors in the disputing countries will benefit from the alternative...
Persistent link: https://www.econbiz.de/10005702556
The importance of infrastructure for growth is well established in the macroeconomic literature. Previous research has treated public investment in infrastructure as exogenous. We remedy this shortcoming by providing a political economy analysis of infrastructure choice based upon consumer...
Persistent link: https://www.econbiz.de/10005702622
We use data from Texas liquor referenda to evaluate the performance of the pivotal-voter theory of voter turnout. We structurally estimate the parameters of a pivotal-voter model using the referendum data. We then use the estimates to evaluate the out of sample performance of the model. Finally,...
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