Showing 1 - 10 of 66
I provide novel evidence for the impact of trade policy uncertainty on exporters. In a dynamic, heterogeneous firms model, trade policy uncertainty will delay the entry of exporters into new markets and make them less responsive to applied tariff reductions. Policy instruments that reduce or...
Persistent link: https://www.econbiz.de/10010822521
The establishment of international labor standards linked to market access within the WTO is among the proposals intended to remedy the gross violations of labor and human rights that accompany international trade and investment. Yet, the WTO Charter and, previously, the GATT are virtually...
Persistent link: https://www.econbiz.de/10009492740
This paper explores how far free trade agreements (FTAs) have strengthened or weakened global governance of the trading system. We open with an analysis of the altered political and economic context within which countries have come, in recent years, to assign a new importance to regional and...
Persistent link: https://www.econbiz.de/10008837885
Critics of globalization object to many things, some of which can be easily understood within standard economic models, but others of which seem to reflect a view of the world that economists generally do not share. This paper attempts to identify several alternative frameworks for analysis...
Persistent link: https://www.econbiz.de/10005551403
In this paper, we first trace the evolution of the global trading system from the 19th century to the present-day GATT/WTO arrangements, calling attention to the key roles of reciprocity and nondiscrimination, and we note how the system is now challenged by the new paradigm of global market...
Persistent link: https://www.econbiz.de/10005551441
This paper addresses the issues of whether the linking of core labor standards with multilateral or bilateral trade agreements is an effective way of promoting the improvement of labor standards. We review the determinants of core labor standards over time and conclude that efforts to improve...
Persistent link: https://www.econbiz.de/10005357223
I first review some of the major influences that shaped my early years. I then relate the subsequent developments in my professional career, including my research orientation, chief publications, collaborative relationships, and longstanding involvement in undergraduate and graduate teaching and...
Persistent link: https://www.econbiz.de/10009492739
This paper discusses the welfare effects, on groups, countries, and the world, of fragmentation. Fragmentation here is defined as the introduction of a technology that permits a production process to be split into separate parts, with the fragments able to be done in different locations....
Persistent link: https://www.econbiz.de/10005551417
This paper reconsiders the law of comparative advantage (Deardorff, 1980, 1994) from an empirical point of view. I show that not only net exports valued at autarky prices but also those valued at free trade prices are needed to test the law of comparative advantage when trade is not balanced....
Persistent link: https://www.econbiz.de/10005551422
If trade costs matter for trade, and if distance matters for at least some trade costs, then location matters for trade. This may be especially important for Japan, given its distance from other developed countries and proximity to a number of developing countries. In this paper I explore the...
Persistent link: https://www.econbiz.de/10005551443