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Taking Trade Policy Seriously: Export Subsidization as a Case Study in Policy Effectiveness
Rodrik, Dani - National Bureau of Economic Research (NBER) - 1993
In thinking about policy, academic economists alternate between theoretical models in which governments can design finely-tuned optimal interventions and practical considerations which usually assume the government to be incompetent and hostage to special interests. I argue in this paper that...
Persistent link: https://www.econbiz.de/10005589008
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Multi-Product Firms and Trade Liberalization
Redding, Stephen James; Schott, Peter K.; Bernard, Andrew B. - National Bureau of Economic Research (NBER) - 2006
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a combination of firm-level "ability" and firm-product-level "expertise", both of which are stochastic and unknown...
Persistent link: https://www.econbiz.de/10005829479
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Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks
Lopez-de-Silanes, Florencio; Markusen, James R.; … - National Bureau of Economic Research (NBER) - 1993
Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The paper analyzes such rules, focussing in particular on oligopolistic industries in which foreign...
Persistent link: https://www.econbiz.de/10005829802
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Implementing Market Access
Krishna, Kala; Roy, Suddhasatwa; Thursby, Marie - National Bureau of Economic Research (NBER) - 1996
The outcome of trade policies to increase access for foreign firms to the home country's market is shown to be sensitive to the implementation procedure used. The importance of the timing of moves between government and firms is highlighted by focusing on taxes and subsidies to implement minimum...
Persistent link: https://www.econbiz.de/10005830880
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The Economics of Trade Agreements in the Linear Cournot Delocation Model
Bagwell, Kyle; Staiger, Robert W. - National Bureau of Economic Research (NBER) - 2009
Existing theories of trade agreements suggest that GATT/WTO efforts to reign in export subsidies represent an inefficient victory for exporting governments that comes at the expense of importing governments. Building from the Cournot delocation model first introduced by Venables (1985), we...
Persistent link: https://www.econbiz.de/10008627169
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A 'New Trade' Theory of GATT/WTO Negotiations
Ossa, Ralph - National Bureau of Economic Research (NBER) - 2010
/WTO negotiations, I find that it implies reasonable noncooperative tariffs as well as moderate gains from GATT/WTO negotiations. …
Persistent link: https://www.econbiz.de/10008680939
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Firm Heterogeneity and Costly Trade: A New Estimation Strategy and Policy Experiments
Kee, Hiau Looi; Krishna, Kala; Cherkashin, Ivan; … - National Bureau of Economic Research (NBER) - 2010
This paper builds a tractable partial equilibrium model in the spirit of Melitz (2003), which incorporates two dimensions of heterogeneity: firms specific productivity shocks and firm-market specific demand shocks. The structural parameters of interest are estimated using only cross-sectional...
Persistent link: https://www.econbiz.de/10008727852
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Cape Verde and Mozambique as Development Successes in West and Southern Africa
Braga de Macedo, Jorge A.; Pereira, Luis Brites - National Bureau of Economic Research (NBER) - 2010
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape Verde and Mozambique's particular geographical and historical contexts. We hold that development success under globalization entails, necessarily but not exclusively, positive...
Persistent link: https://www.econbiz.de/10008727868
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The Impact of Trade on Organization and Productivity
Rossi-Hansberg, Esteban; Caliendo, Lorenzo - National Bureau of Economic Research (NBER) - 2011
A firm's productivity depends on how production is organized given the level of demand for its product. To capture this mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce. Entrepreneurs decide the number of layers of management...
Persistent link: https://www.econbiz.de/10009251507
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Trade Wars and Trade Talks with Data
Ossa, Ralph - National Bureau of Economic Research (NBER) - 2011
How large are optimal tariffs? What tariffs would prevail in a worldwide trade war? How costly would be a breakdown of … that optimal tariffs average 62 percent, world trade war tariffs average 63 percent, the government welfare losses from a … multilateral trade negotiations average 0.5 percent. Optimal tariffs are tariffs which maximize a political economy augmented …
Persistent link: https://www.econbiz.de/10009277255