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Reciprocated Unilateralism in Trade Policy : An Interest-Group Approach
Krishna, Pravin; Mitra, Devashish - 2021
Using the menu-auction approach to endogenous determination of tariffs and allowing additionally for lobby formation itself to be endogenous, this paper analyzes the impact of unilateral trade liberalization by one country on its partner's trade policies. We find that such unilateral...
Persistent link: https://www.econbiz.de/10013231406
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Bilateral Negotiations and Multilateral Trade : The Case of Taiwan-U.S. Trade Talks
Chen, Tain-Jy; Liu, Meng-Chun - 2021
This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...
Persistent link: https://www.econbiz.de/10013218908
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Some Simple Analytics of Trade and Labor Mobility
Chaudhuri, Shubham - 2007
We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, we can use duality techniques to study the equilibrium, and despite its simplicity a rich...
Persistent link: https://www.econbiz.de/10012775867
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Reciprocated Unilateralism in Trade Reforms with Majority Voting
Krishna, Pravin; Mitra, Devashish - 2021
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria -...
Persistent link: https://www.econbiz.de/10013249261
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Trade Politics and the Semiconductor Industry
Irwin, Douglas A. - 2021
in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five …
Persistent link: https://www.econbiz.de/10013310555
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The New Regionalism : Trade Liberalization or Insurance?
Perroni, Carlo - 2010
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012763469
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Bringing GATT into the Core
Kowalczyk, Carsten; Sjöström, Tomas - 2021
This paper calculates international income transfers which implement a Pareto optimal trade equilibrium in a world …
Persistent link: https://www.econbiz.de/10013227885
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International Trade Aspects of Competition Policy
Nagaoka, Sadao - 2021
Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...
Persistent link: https://www.econbiz.de/10013228236
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Trade, Growth and the Environment
Copeland, Brian R.; Taylor, M. Scott - 2022
, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … hampered by the lack of a common language and also suffered from little recourse to economic theory and empirical evidence. The … international trade. We critically review both theory and empirical work to answer three basic questions. What do we know about the …
Persistent link: https://www.econbiz.de/10013322309
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Do WTO Members Have More Liberal Trade Policy?
Rose, Andrew Kenan - 2022
This paper uses 68 measures of trade policy and trade liberalization to ask if membership in theWorld Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is associated with more liberal trade policy. Almost no measures of trade policy are significantly...
Persistent link: https://www.econbiz.de/10013308333