This study examines the impact of the abrupt suspension of African Growth and Opportunity Act benefits on exports from eligible African countries. The study uses a triple difference-in-differences estimation that controls for both country- and product-level export changes. The results suggest...

We estimate the trade effect of removing uncertainty about future trading conditions in the context of the 2014 reform of the Generalized System of Preferences (GSP) of the European Union (EU). EU GSP members receive non-reciprocal trade preferences (NRTPs), but only as long as they are not too...

This paper quantifies potential costs of issue linkage examining trade preferences granted under the US Generalized System of Preferences (GSP). Preferential market access via US GSP is conditional on political practices by beneficiaries. Using monthly import data, I study trade policy...

The notion of risk neutrality is a basic element in standard textbook treatments of the economics of risk. In the single variable case, it is well known that an Expected Utility maximizer will be risk neutral toward all distributions if and only if her NM (von Neumann Morgenstern) index is...

The principal contribution of this paper is to investigate the relationship between policy uncertainty, caused by recent developments in international markets, and firms' trade margins for the largest economy in Africa: South Africa. In particular, using a unique database on the population of...