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International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was … rules with the creation of the WTO. Our results suggest that, although GATT subsidy rules were typically viewed as weak and … inadequate while the WTO subsidy rules are seen as representing a significant strengthening of multilateral disciplines on …
Persistent link: https://www.econbiz.de/10013216133
This paper investigates the impact of federal extramural research funding on total expenditures for life sciences research and development (R&D) at U.S. universities, to determine whether federal R&D funding spurs funding from non-federal (private and state/local government) sources. We use a...
Persistent link: https://www.econbiz.de/10013158024
In recent decades, democratic countries have signed hundreds of international environmental agreements (IEAs). Most of these agreements, however, are weak: they generally do not include effective enforcement or monitoring mechanisms. This is a puzzle in standard economic models. To study this...
Persistent link: https://www.econbiz.de/10012976975
We have constructed a new and substantial data set from 1939 to 2004 on U.S.-based private voluntary organizations (PVOs) engaged in international relief and development. The universe comprises PVOs registered with the federal government (U.S. Agency for International Development since the early...
Persistent link: https://www.econbiz.de/10013311893
quantifies the external costs of global fuel subsidies using the latest available data and estimates from the World Bank and …
Persistent link: https://www.econbiz.de/10012996460
The use of Payment for Environmental Services (PES) is not a new type of contract but they have become more in vogue because of the potential for sequestering carbon by paying to prevent deforestation and degradation of forest lands. We provide a framework utilizing transaction costs to...
Persistent link: https://www.econbiz.de/10013087879
the latest available data from the World Bank, finding that road-sector subsidies for gasoline and diesel totaled $110 …
Persistent link: https://www.econbiz.de/10013071789
strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having … subsidies led to substantial reallocation of ship production across the world, with Japan, in particular, losing significant …
Persistent link: https://www.econbiz.de/10013054035
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends as a result of judicial learning; thus according to...
Persistent link: https://www.econbiz.de/10012948085
We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion proceeds in three steps. First, we examine the purpose of a trade agreement. In both the traditional economic and the political-economy approaches to the study of trade...
Persistent link: https://www.econbiz.de/10013227740