The relevance of transport costs has increased as liberalization continues to reduce artificial barriers to trade. Is it worthwhile to implement policies designed to increase competition in transport markets? Focusing on air transport, this paper quantifies the effects of liberalization of air...

The relevance of transport costs has increased as liberalization continues to reduce artificial barriers to trade. Is it worthwhile to implement policies designed to increase competition in transport markets? Focusing on air transport, this paper quantifies the effects of liberalization of air...

In this paper we estimate the early effect of the European Monetary Union (EMU) on trade. We use a panel data set that includes the most recent information on bilateral trade for 22 developed countries from 1992 through 2002. During this period 12 European countries formally entered into a...

Recent literature has emphasized the importance of transport costs and infrastructure in explaining trade, access to markets, and increases in per capita income. For most Latin American countries, transport costs are a greater barrier to U.S. markets than import tariffs. The authors investigate...

This paper presents a new dataset on electoral systems and outlines its potential uses in further research exploring the connections between electoral systems and economic outcomes. The dataset provides indicators of the degree to which individual politicians can further their careers by...

In this paper, we examine how the business and interest rate cycles in developed countries affect FDI to developing countries. After aggregating flows into three big source areas (the U.S., Europe and Japan), we find FDI flows to be countercyclical with respect to both output and interest rate...

In this paper we analyze changes in the export mix of Chilean firms, looking particularly at differences between large firms and SMEs. To do that, we use detailed information of exported products by firms during the period 1995-2005. Our econometric results, which look at the impact of export...

This paper discusses the European Union trade policy making process and implications for the Andean community. The European Union (EU) divides its agreements with other countries into three types: neighbourhood, trade and development, and is currently classifying the negotiations with the Andean...

This presentation was commissioned by the Trade and Integration Network of the Regional Policy Dialogue for the Subregional Central America Meeting celebrated on June 13th and 14th, 2005 in San Salvador, El Salvador. This presentation covers the common customs tariff (CCT); other barriers on...

This presentation was commissioned by the Environment Network of the Regional Policy Dialogue for the II Hemispheric Meeting celebrated on February 25th and 26th, 2003. Three distinct criteria: Achievement of the optimal use level: to maximize social welfare achieving an optimum use/pollution...