Do openness and human capital accumulation promote economic growth? While intuition argues yes, the existing empirical evidence provides mixed support for such assertions. We examine Cobb-Douglas production function specifications for a 30-year panel of 83 countries representing all regions of...

This study provides an investigation into the differences in the postdisplacement labor market experiences of workers separated from declining traded, expanding traded and nontraded industries. The results presented provide the beginnings of a bridge across the gap between what is known and what...

While there is an extensive literature detailing the change in industrial employment resulting from changes int rading patterns, there is no significant literature that translates these changes in labor demand to actual worker hardship. This study provides evidence of the labor market effects of...

The textile and apparel (T&A) industries are global and constantly on the move. The mobility of these industries can be seen here in Rhode Island, with abandoned textile mills stretched across the state. In its search for the lowest-cost production, the T&A industries moved from northern to...

We explore the international spillovers from fiscal policy shocks via trade in Europe. A fiscal expansion stimulates domestic activity, which leads to more foreign exports and, hence, higher foreign output. To quantify this, we combine a panel VAR model in government spending, net taxes and GDP...

The regional effects of sharing a single currency on bilateral trade with other European Union member states are a contentious question. This paper examines the regional effects on trade of the set up of the euro as a common currency. It takes advantage of a gravity specification of bilateral...

Andy Rose (2000), followed by many others, has used the gravity model of bilateral trade on a large data set to estimate the trade effects of monetary unions among small countries. The finding has been large estimates: Trade among members seems to double or triple, that is, to increase by...

Agricultural support payments that cause no or minimal production distortions are exempt from World Trade Organization restrictions. If and how much decoupled payments, such as direct payments in the U.S., affect agricultural production remains an open empirical question with implications for...

The North American Free Trade Agreement (NAFTA) opened up trade opportunities between the U.S. and Mexico in poultry products. Mexico agreed to reduce tariffs on agricultural products over the adjustment period and eliminate non-tariff barriers. As the phase-in of the NAFTA liberalizations...

State trading is a common feature in the management of imports and exports of agricultural products and it has been a long-standing feature of China’s agricultural trade regime. While the use of state trading was modified by China’s accession to the WTO, it remains a dominant feature for...