Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...

This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and analyzes the various arguments that have been given to support it over the years. These arguments have generally supported producers at the expense of the general public. Part...

In recent years, several U.S. government agencies have pioneered the use of artificial intelligence (AI) and other emerging technologies to improve the efficiency and accuracy of their 'responsibility determinations' (reviews of, among other things, contractor representations and certifications,...

We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...

Hydraulic fracturing has been the subject of much debate recently, both in the United States and increasingly in Europe. Advances in hydraulic fracturing technology have led to a shale gas boom in the United States, significantly lowering natural gas prices, and causing some foreign businesses...

This article examines protectionism from a number of perspectives. Part One provides some general background information describing present Japanese-American trade policy. Part Two does the same for Korean-American trade policy. Part Three offers some concluding observations

China’s unprecedented growth rate in the last decade is driven by its role as the global manufacturing powerhouse, but trade tensions with the U.S will affect economic growth for both superpowers. Meanwhile, several papers have sought to understand the impact of trade on innovation. A number...

Agriculture subsidies in developed countries have been a major stumbling block in Doha Round negotiations. Developed countries are providing huge subsidies to agriculture sector and thereby create distortions in the international market. Some of the developed countries are enjoying comparative...