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national sovereignty. In this paper, we propose answers to these two questions. We do so by first developing formal definitions … of national sovereignty that capture features of sovereignty emphasized in the political science literature. We then … utilize these definitions to describe the degree and nature of national sovereignty possessed by governments in a benchmark …
Persistent link: https://www.econbiz.de/10012468444
This paper analyzes frameworks for the design of the rules for international trading, assuming that it is possible to have some rule of law. In the Arrow-Debreu benchmark, where there is no economic power and political power is seemingly irrelevant, there is no need for trade agreements - free...
Persistent link: https://www.econbiz.de/10014576561
We show that reducing the probability of a trade war promotes long-term importer-exporter relationships that ensure provision of high-quality inputs via incentive premia. Empirically, we introduce a method for distinguishing between these Japanese versus spot-market (i.e., American)...
Persistent link: https://www.econbiz.de/10014486230
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
Persistent link: https://www.econbiz.de/10000934095
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