There may be natural limits on the efficiency losses engendered by labor market regulations, although such costs could be significant in some countries at some times.Squire and Suthiwart-Narueput investigate the impact of labor market regulations in settings where compliance is incomplete. They...

The authors review the arguments for taxing imports, considering two cases: one in which a country has market power in the export commodity, and one in which it does not. They conclude that for countries having market share there are strong analytical and practical arguments for an export tax....