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Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected … tariff reduction on import growth from ASEAN insiders and outsiders across HS 6-digit industries. We find no evidence that … likely to be most damaging, proving further support for a causal effect. Overall, our results imply that the ASEAN agreement …
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The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...
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It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
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This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...
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