Many studies indicate that excessive regulatory burdens can hamper national economic performances. In spite of that, there are relatively few empirical estimates of the potential income gains that may accrue to countries that deregulate their business sectors. This paper partially fills that gap...

Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico’s northern border....

Utilizing a unique sample of 253 microenterprise border retailers from El Paso, Texas, this paper explores the possibility of cash payment from cross-border shoppers using Mexican pesos. We find that one-fifth of microenterprise retailers in El Paso accept payment in Mexican pesos. Increased...