It is commonly argued that Japanese trade protection has enabled the nurturing and development internationally competitive firms. The results in our paper suggest that when it comes to TFP growth, this view of Japan is seriously erroneous. We find that lower tariffs and higher import volumes...

This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...

Introduction by the Editors -- Empirical Estimates of Inverted Duty Structure and Effective Rate of Protection- The case of India -- Does Past Performance in Home Market Affect Export Participation of New Exporters? Evidence from Indian Firms -- A Panel Data Analysis of Indo-Africa Trade: A...

Chapter 1.Introduction -- Chapter 2. Efficiency-inducing tax credits for charitable donations when taxpayers have heterogeneous behavioral norms -- Chapter 3. Trade Liberalization and Profit Tax Reform Under Oligopolistic Vertical Trade -- Chapter 4. Properties of the Production Possibility...

Chapter 1: Innovation: engine of economic growth (and employment) -- Chapter 2: The technological revolution: The rise of machines -- Chapter 3: The technological revolution: professions at risk and new jobs -- Chapter 4: Constraints to economic growth: Sustainability, happiness and other issues...