The extraordinary height of the U.S. current account deficits in the 90s gave rise to concern, a variety of papers and political recommendationsrevealing the very contrary opinions of economists on the subject.From this alarming evolution, the question of sustainability of such a...

There is a growing number of studies that investigate the effect of trade liberalization on productivity and nearly all assume that trade policy is independently determined of productivity, hence it is exogenous. I show that this assumption is generally invalid both theoretically and...

Most of the world's equipment is produced in a small number of rich countries. In 1996, countries in the top decile of cross-country income distribution produced 61% of world equipment and countries in the bottom decile produced only 0.2%. Rich and poor countries also differ in their dependence...

Artículo de revista ; The COVID-19 crisis has had a very uneven impact on the different productive sectors of the economy, with those requiring less personal contact or that are less labour-intensive, such as industry, being the least affected. This appears to have been a determining factor...

First chapter aims to quantify the role of trade in capital goods incross country income differences. I construct a multi-country general equilibriummodel of trade along the line of Eaton and Kortum (2002) and Alvarezand Lucas (2007) and introduce trade in capital goods and capital...

As worldwide consumer demand for high-quality products and for information about these products increases, labels and geographical indications (GIs) can serve to signal quality traits to consumers. However, GI systems among countries are not homogeneous and can be used as trade barriers against...

O trabalho analisa a cadeia produtiva da carne bovina (CPCB) no Brasil, sob o enfoque do comércio exterior, apresentando como base conceitual o estudo de cadeia produtiva no agronegócio e como método de coleta de dados secundários, o Mecasis. Tem, como objetivo, detectar os principais...

The development of genetically modified (GM) agricultural products requires new policies to manage potential food safety and environmental risks. The policy positions taken to date on GM foods by the United States and the European Union are very different. The US has few restrictions on...

International negotiations for an agreement to reduce the emission of greenhouse gases are unlikely to produce concrete and comprehensive policies for effective emission reductions in the near term, not least because the policy measures being considered are economically very costly to major...

Many developing countries have adopted investor-friendly policies in recent years in order to attract export-oriented foreign direct investment (FDI). The effects of these policies on the external accounts have been largely ignored. This paper endogenizes FDI inflows in a structuralist general...