This paper examines international trade in tainted food and other low-quality products. Wefirst find that for a large … class of environments, free trade is the trading system that conveysthe highest incentives to produce non-tainted high …-quality goods by foreign exporters.However, free trade cannot prevent the export of tainted products, and the condition fortainting …

By combining two large data sets (on international trade flows and cross-border mergers and acquisitions – M&As), we …

By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we …

We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains … and losses,the implications of distinct national markets linked through trade (thestarting point for all trade theorists …

We study the optimal trade policy against a foreign oligopoly withendogenous quality. We show that, under the Most … Favoured Nation(MFN) clause, a uniform tariff policy is always welfare improvingover the free trade equilibrium. However, a … low-quality product and a tax onhigh-quality one. Another example of such a nonuniform tariff policyis a Regional Trade …

This paper focuses on ignored issues regarding the impact of trade reforms in transition economies. These economies are … and international trade. First, we show that trade liberalization in transition economies reduces the output of local … firms. Second, neither free trade nor zero subsidy is optimal. There exists a rationale for infant-industry protection in …

Anti-dumping actions are now the trade policy of choice of developing and transition economies. To understand why these … economies have increasingly applied anti-dumping laws, we build a simple theoretical model of vertical intra-industry trade and …

involvesintra-industry trade where the foreign producer manufactures a good of higher quality thanthe domestic firm. This …

movement of goods, labor and capital. Twenty five years later, CIS countries still face important trade policy choices, the … the gravity model of trade using alternative estimation approaches that account for zeros in trade: Heckman, Poisson … exports while improved governance would, ceteris paribus, almost double its trade. Most of these changes originate from the …