Identifies the strengths and weaknesses of liberalized world trade, in particular in the agricultural sector, and investigates to which extent the current WTO agreements provide the devices to react to trade-related negative impacts on sustainability, environmental protection and food security

We propose a novel statistic for testing the structural parameters in Instrumental Variables Regression. The statistic is straightforward to compute and has a limiting distribution that is pivotal with a degrees of freedom parameter that is equal to the number of tested parameters. It therefore...