Using bilateral trade data for 16 service categories, this paper examines the patterns, evolution, and determinants of comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a CA in most services, except in more...

This paper examines the effects of information and communications technology (ICT) on international trade in emerging markets. Using panel data for 40 emerging market economies (EMEs) for a period from 1995 to 2010, we estimate fixed effects models of exports and imports on ICT and other control...

In this paper I model the optimal monitoring and enforcement strategy when inspection capacity is fixed by budget or manpower constraints. I adopt a leverage enforcement structure that classifies firms into two groups with different enforcement intensities. Optimal monitoring and enforcement...

We explore how limits to our insight on the underlying decision-making structure of regulated entities may affect the conclusions we draw about the likely impacts of environmental policies, with a focus on environmental auditing. We examine the conditions under which a multi-facility firm...

When a firm is regulated under multiple environmental programs, its compliance behavior under these programs can be complementary or substituting—regulations of one program either increase or decrease firm compliance with other programs. This paper examines the existence and the nature of such...

The High Priority Violation (HPV) Policy represents a way to target enforcement in environmental regulations; serious air pollution violators are targeted with timely and appropriate enforcement, and such enforcement usually means high degree of regulatory scrutiny. Despite the importance of...

This paper lays out a framework for predicting the agricultural losses caused by an impeding invasion of a non-native species and for estimating the total economic impacts associated with the invasion, including direct, indirect and induced economic impacts. Along with the establishment of...

This article presents an overview of retail trade in India in the wake of the country’s new policy that will allow foreign capital in multi-band retailing. It discusses various potential benefits and costs of foreign direct investment (FDI) in the retail sector, particularly in terms of its...

This paper examines the dynamic behavior of relative prices across seven Australian cities by applying panel unit root test procedures with structural breaks to quarterly CPI data for 1972Q1-2011Q4. We find overwhelming evidence of convergence in city relative prices. Three common structural...

Empirical evidence suggests that countries abundant in natural resources grow slower than those with little or no such resources. This article briefly discusses this paradoxical phenomenon, known as the natural resource curse, and explores various channels through which this curse may operate....