Financial development has been argued as a potential source of comparative advantage and its relationships with trade has been theoretically developed. This theory posits that countries that are well financially developed should experience greater volumes of international trade. We empirically...

Abstract: We assess whether and how violence and political instability affect trade between developed and developing countries considering the special case of EU imports of Kenyan roses after the 2007/08 post-election violence and political instability in Kenya. Using the Rotterdam model to...

This paper examines the validity of anti-trade arguments that are based on the absence of technological spillovers. Results of a pooled cross-section time-series analysis for developing countries fail to support the existence of technological spillovers. Findings of learning-by-doing effects...

In this article the author explores in detail the “unforeseen developments†requirement in the Agreement on Safeguards under the WTO. The author seeks to answer questions such as whether the requirement (i.e., unforeseen developments must be demonstrated in order for safeguard measures...

Our previous research found that FMD Outbreaks in foreign countries have a significant positive influence on U.S. swine meat exports. However, not all of these FMD-affected countries adopted the same treatment policy to ease domestic FMD issues. This study proposes a gravity model with...

Financial development has been argued as a potential source of comparative advantage and its relationships with trade has been theoretically developed. This theory posits that countries that are well financially developed should experience greater volumes of international trade. We empirically...

The costs of import substitution (IS) as a strategy for industrialization, which was deemed synonymous with economic development by many development economists of the fifties and sixties, were shown to be substantial in the influential and nuanced studies of the seventies and eighties under the...

O objetivo deste trabalho é estimar a função de demanda de importação de vinho no Brasil. Os dados utilizados são de janeiro de 1995 a novembro de 2007, com periodicidade mensal. O modelo econométrico dinâmico de ajustamento parcial, também conhecido como modelo de Nerlove, foi o...

For benefit-cost analysis of policies with respect to environmental and natural resources, economic researchers often require monetized values of households’ willingness to pay for reductions in risks to human life and health. I briefly recap some of the main issues in the related task of...