In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing … country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …-voter’s preferred reliance on tariffs versus income taxes in order to effect the desired redistribution. Using data from 44 countries we …

We analyze a two country-two good model of international trade in which citizens in each country differ by their … specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a …

and a terms of trade externality. It is larger the higher the dispersion of firm-level productivities, and the bigger the … country's relative size or relative average productivity. Furthermore, in the two-country Nash equilibrium, tariffs turn out … to be strategic substitutes. Small or poor economies set lower Nash tariffs than large or rich ones. Lower transportation …

If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading …. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to …

trade. We find that bound tariffs are more effective with higher risk destination markets, that a large binding overhang may …WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs … from the real options literature; doing so we highlight the important role of bound tariffs at the extensive margin of …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy … evidence suggests that wholesalers and retailers play an active role in international trade. We present a model of retailers …

data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …This paper proposes a unique overview of trade policies trends since the launch of the Doha Round, based on detailed ….p.) mattered far more on average, with more uneven consequences. As a result, we reckon that trade policy changes between 2001 and …

We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes … in goods trade are endogenously determined, and retaliatory trade policy towards goods can affect these and monetary … trade models show different retaliatory trade outcomes from conventional goods only models. We use a general equilibrium …

bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round … and episodes of bilateral liberalization. Our econometric estimations show that the reduced tariffs imposed on emerging … the probability of recording new flows. Growth in emerging countries’ exports at the extensive margin of trade has been …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy … evidence suggests that wholesalers and retailers play an active role in international trade. We present a model of retailers …