Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...

Why did it take only a couple of years for the CECs' ostensibly liberal trade regimes to be so much undermined by piecemeal protectionism? First, CEC trade policies were based on the wrong belief that regional disciplines were a good substitute for non-discriminatory world-wide disciplines....

This paper examines optimal policy towards a home exporting firm which competes on price with a foreign firm. Two policy instruments are compared: an output subsidy and a price subsidy. The paper also considers two games: the conventional ex ante game, in which the government sets the value of...

This paper examines international trade policy within a completed European internal market. The Ethier-Horn argument for internal tariffs in a customs union is shown to be inapplicable to most of the EC's existing, cost-increasing barriers to trade. The implications are examined of abolishing...

International trade and environmental regulation are interdependent. Central and East European Countries (CEECs) are now being integrated in international markets, and the question arises how environmental issues should be taken account of during this process and which institutional framework is...

This paper investigates the economic factors that best explain the decisions of the International Trade Commission in administering the injury provisions of US antidumping, countervailing duty, and safeguard laws during the 1980s. Utilizing the economic data collected by the Commission for each...

We study a model in which a customs union trades with countries that behaved strategically. If the members of the customs union are similar but not identical, one country will want to delegate authority for making union policy to its partner. Even if side-payments within the union are permitted,...

There exists near-consensus among professional economists on the desirability of achieving macroeconomic stabilization prior to the removal of microeconomic distortions. Yet this advice was completely disregarded in some of the most important cases of reform during the last decade -- Bolivia and...

With the reintroduction of agriculture and textiles and clothing into the GATT, the absence of general rules on procurement has become the major `hole' in the coverage of the GATT. This paper provides an analysis of the new Government Procurement Agreement that was negotiated between a subset of...

This paper studies the effects of EU antidumping policy when foreign firms have the possibility to 'jump' antidumping measures by engaging in foreign direct investment (FDI) in the EU. Using a multi-stage framework, we study the EU administration's choice between an antidumping duty and a...