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...

Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...

The global market for agri-food products has been divided for a decade. The division arose over the approval of biotechnology-based innovations – with the European Union temporarily suspending approvals and imports until it could devise a new approval mechanism. Other countries chose between...

Member nations of the World Trade Organization are permitted to develop regulations that might restrict trade if they do so for the purpose of protecting human, animal or plant life or health. The regulations, under both the Sanitary/Phytosanitary and Technical Barriers to Trade agreements, must...

Planned introductions of genetically modified crop varieties can be troublesome to model. Estimation of demand and supply equations is not feasible due to lack of data. Further, specifying demand and supply equations requires calibration to a presumed equilibrium. Depending on the point chosen,...