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The Role of Non-Discrimination in a World of Discriminatory Preferential Trade Agreements
Saggi, Kamal - 2020
In a three-country model of endogenous trade agreements, we study the implications of the Most Favored Nation Clause (MFN) when countries are free to form discriminatory preferential trade agreements (PTAs). While PTA members discriminate against non-member countries, MFN requires non-members to...
Persistent link: https://www.econbiz.de/10012839848
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Managing Momentum in Climate Negotiations
Carattini, Stefano; Löschel, Andreas - 2021
The Conference of the Parties (COP) has proven a valuable outlet to advance the climate agenda. The combination of high media coverage, extremely high expectations set by influential environmentalists, and unanimity rules has, however, started to limit its effectiveness. Technical issues can...
Persistent link: https://www.econbiz.de/10013314894
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International Trade and Stable Resolutions of Resource Disputes
Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
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Increasing Resistance to Globalization : The Role of Trade in Tasks
Egger, Hartmut - 2019
Based on empirical evidence from cross-country survey data, we argue that the surge of trade in tasks over the last decades can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open economy, we demonstrate that public education...
Persistent link: https://www.econbiz.de/10012865702
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On the Relationship between Trade Openness and Government Size
Farhad, Mohammad - 2019
countries (accounting for approximately 96 percent of world population) from 2000-2016 is consistent with this hypothesis …
Persistent link: https://www.econbiz.de/10012861440
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The Farsighted Stability of Global Tade Policy Arrangements
Berens, Stefan; Chochua, Lasha; Willmann, Gerald - 2021
We study the stability of trade policy arrangements under two regulatory scenarios, with/without PTAs. Unlike previous papers, we consider an extensive set of trade policy constellations and allow for unlimited farsightedness of negotiating parties. We find global free trade (GFT) to be uniquely...
Persistent link: https://www.econbiz.de/10013217552
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Trade Openness and Income Inequality : New Empirical Evidence
Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10013218286
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Different Antidumping Legislations within the WTO : What Can We Learn from China's Varying Market Economy Status?
Sandkamp, Alexander - 2020
This paper examines how varying antidumping methodologies applied within the WTO differ in the extent to which they … reduce targeted exports. We show that antidumping duties, on average, hit Chinese exporters harder than those of other … differently compared to specific duties or duties conditional on the export price. Overall, however, antidumping duties remain …
Persistent link: https://www.econbiz.de/10012828984
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A commitment theory of subsidy agreements
Brou, Daniel; Ruta, Michele - 2012
framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its …
Persistent link: https://www.econbiz.de/10010288464
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Use and Abuse of Antidumping by Global Cartels
Gnutzmann-Mkrtchyan, Arevik; Hoffstadt, Martin - 2021
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy … that matches cartel investigations with trade data at the product level. We then estimate the world import price and … quantity effects of antidumping in cartel products. We find that the use of antidumping in cartel industries helps to maintain …
Persistent link: https://www.econbiz.de/10013314861