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Although there have been major globalisation episodes prior to the current one, previous globalisation experiences did not seem as pervasive as the episode which began in the last quarter of the twentieth century. It is claimed that the current globalisation wave is causing social disruption:...
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) existence can also be an issue. Here we use numerical simulation methods. We first consider world with service trade autarky in … removing period by period budget constraints for domestic consumers. In such a world, if nonzero tariffs apply to spatial trade … ongoing tariff negotiations. We then expand the model to capture a more complex world where costly intermediation services can …
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. We calibrate such a model to China's trade with the rest of the world and explore two country tariff games using 2005 …
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Country incentives to participate in cooperative arrangements which either fully or partially internalize climate change externalities from carbon emissions involve critical asymmetries. Small countries trade off own country costs of carbon mitigation actions against their own benefits from...
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