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The governance of globalization : the political economy of Anglo-American hegemony, 1793-2003
O'Brien, Patrick Karl - 2003
cities against rogue states and terrorism) are among the public goods provided for the world economy as a whole are …
Persistent link: https://www.econbiz.de/10011509424
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Ambiguous protection
Gruendler, Klaus; Hillman, Arye L. - 2021
Import regulations are globally the most prevalent form of intervention in international trade. The regulations should, under rules of the WTO, protect consumers and the environment but can be used to protect producers. We investigate the ambiguity of intent. We set out a model that when applied...
Persistent link: https://www.econbiz.de/10012432992
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A simple method to quantify the ex-ante effects of "deep" trade liberalization and "hard" trade protection
Larch, Mario; Tan, Shawn W.; Yotov, Yoto - 2021
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...
Persistent link: https://www.econbiz.de/10012599928
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Paris after Trump : an inconvenient insight
Böhringer, Christoph; Rutherford, Thomas F. - 2017
With his announcement to pull the US out of the Paris Agreement US President Donald Trump has snubbed the international climate policy community. Key remaining parties to the Agreement such as Europe and China might call for carbon tariffs on US imports as sanctioning instrument to coerce US...
Persistent link: https://www.econbiz.de/10011665785
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Trade protection and the role of non-tariff barriers
Kinzius, Luisa; Sandkamp, Alexander-Nikolai; Yalçin, Erdal - 2018
A growing share of modern trade policy instruments is shaped by non-tariff barriers (NTBs). Based on a structural gravity equation and the recently updated Global Trade Alert database, we empirically investigate the effect of NTBs on imports. Our analysis reveals that the implementation of NTBs...
Persistent link: https://www.econbiz.de/10011951996
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Industrial policy and the great divergence
Juhász, Réka; Steinwender, Claudia - 2023
We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different policies aimed at, primarily, but not exclusively, fostering industrialization....
Persistent link: https://www.econbiz.de/10014391314
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Protectionism and economic growth : causal evidence from the first era of globalization
Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. We employ the...
Persistent link: https://www.econbiz.de/10012387616
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Trade and currency weapons
Bénassy-Quéré, Agnès; Bussière, Matthieu; Wibaux, … - 2018 - May 31, 2018 - first draft
The debate on trade wars and currency wars has re-emerged since the Great recession of 2009. We study the two forms of non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and to the real exchange rate, based on product level data...
Persistent link: https://www.econbiz.de/10011864529
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Why "buy American" is a bad idea but politicians still like it
Larch, Mario; Lechthaler, Wolfgang - 2010
When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating … up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to … degree of openness and loss aversion of consumers. -- protectionism ; trade liberalization ; short term shocks …
Persistent link: https://www.econbiz.de/10008697408
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Substitutability and protectionism : Latin America's trade policy and imports from China and India
Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri; … - 2007
Persistent link: https://www.econbiz.de/10003496675