Showing 1 - 10 of 83
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …
Persistent link: https://www.econbiz.de/10010884636
incumbent politicians can improve their re-election probability by attracting swing voters in key states through strategic trade … protection. A unique equilibrium is shown to exist where incumbents build a reputation of protectionism through their policy … decisions. We show that strategic trade protection is more likely when protectionist swing voters have a lead over free-trade …
Persistent link: https://www.econbiz.de/10010928735
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...
Persistent link: https://www.econbiz.de/10010884590
trade policy literature: first, what is the purpose of trade negotiations? And second, what is the role played by the … fundamental GATT/WTO principles of reciprocity and nondiscrimination? Relative to the standard terms-of-trade theory of GATT …/WTO negotiations, my theory makes two main contributions: first, it builds on a ‘new trade’ model rather than the neoclassical trade …
Persistent link: https://www.econbiz.de/10010928621
This paper posits a formal political economy model where the principle of reciprocity in multilateral trade talks … results in the gradual elimination of tariffs. Reciprocity trade talks turn each nation’s exporters into anti …/influence of import-competing sectors and increasing that of exporters. In the next round of trade talks governments therefore find …
Persistent link: https://www.econbiz.de/10010928767
The aim of this study is to examine the extent to which Chinese and Indian autocomponent producers have advanced towards international best practice levels of productivity and quality. The report is based on a survey of nine car manufacturers in China and six in India; a range of general...
Persistent link: https://www.econbiz.de/10010745200
Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected … trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external …
Persistent link: https://www.econbiz.de/10010745301
Weak enforcement of international contracts can substantially reduce international trade. We develop a model where … information. The model describes the interplay between institutional quality, reputations and the dynamics of international trade … exporters. Trade liberalization induces current exporters to increase their sales. It could induce entry as well, but this will …
Persistent link: https://www.econbiz.de/10010745456
Using the international investment regime as its point of departure, the paper applies notions of bounded rationality to the study of economic diplomacy. Through a multi-method approach, it shows that developing countries often ignored the risks of bilateral investment treaties (BITs) until they...
Persistent link: https://www.econbiz.de/10010745595
equilibria in minimum standards, two symmetric and two asymmetric, depending on the quality ranking of firms in each market. The … cross-country externalities. Second, minimum quality standards are shown to operate as non-tariff barriers to trade. Third …
Persistent link: https://www.econbiz.de/10010745944