This paper examines the optimal policy for trade negotiation in the current multilateral and preferential trade regime. Using a four country oligopoly model with asymmetric technology, we examine the implication of preferential trade agreement on tariff and welfare. We find any preferential...

This paper examines how environmental regulation affects the FDI strategies of parent firms in developing countries (the South) and developed countries (the North) when there are differences in the emission abatement technology between these countries. More lenient environmental regulations of...

This paper examines the impact of political economic sensitivities of the trade regime among politically asymmetric countries. Our concerns focus on the effects of firm’s lobbying activity in each country, not only tariff setting, but also on the trade regime's decision, especially considering...

This paper examines the impacts of regional economic integration on the FDI entry mode of multinational firm and the welfare implications focusing on two entry modes, greenfield investment and cross-border M&A. Based on a oligopoly model where each representative firm competing in Cournot...

This paper examines why the recent efforts to arrange free trade regimes have failed repeatedly focusing on the increased uncertainties in economic fundamentals and the asymmetric political economic characteristics of trading countries reflected in the hawkish trade retaliatory tendencies. We...