This paper studies greenhouse-gas (GHG) emission controls in the presence of carbon leakage through international firm relocation. The Kyoto Protocol requires developed countries to reduce GHG emissions by a certain amount. Comparing emission quotas with emission taxes, we show that taxes...

The aim of this paper is to study the spatial selection of firms once it is recognized that heterogeneous firms typically choose different locations in respond to market integration of regions having different sizes. Specifically, we show that decreasing trade costs leads to the gradual...

This paper examines the impact of the devaluation of the CFA franc in 1994 and of trade and fiscal reforms on enterprise development in Chad and Gabon. These reforms provide a natural experiment to assess the impact of trade liberalisation in countries with a small and backward manufacturing...

This paper exploits the panel dimension of the Vietnam Living Standards Survey (VLSS) in order to analyze the main changes occurring in agriculture in Vietnam over the period 1993- 1998. This period was marked by a continuation of the reforms that began in 1988 with the implementation of...

This paper presents a simple way for countries to reap the benefits of trade liberalization without exacerbating problems of overexploitation of natural resources. In the context of a Ricardo–Viner dynamic trade model, it is shown that when a binding quantitative restriction regulates...

In considering a country that imposes a minimum standard on an imported polluting good, which generates negative consumption externalities, we construct a common-agency model, in which a domestic environmental group and a foreign industrial lobby can influence the formation of the minimum...

Since the Aquino Administration has taken over in 1996, further trade reforms have been instituted. Many more items are liberalized and barriers removed. This paper attempts to assess the state of trade and industrial policy and analyze the reforms that have been implemented. Trade and...

This paper aims to provide country inputs to the joint study on ASEAN-US Relations whose main objective is to identify policy reforms and actions producing mutual benefits for ASEAN and the US in the area of trade in goods, services and investment. It discusses the trends and policies of trade...

Recent models of trade with firm heterogeneity predict that opening to trade reduces the number of firms, increases the average size of firms, and decreases firms’ markups. This paper uses a large dataset for 28 manufacturing industries and 46 countries to test these predictions. The...

It has traditionally been hypothesized that moving from Protectionist to liberalized trade in developing countries (LDCs) will decrease the relative wages of skilled versus unskilled labor (or “relative wages”). Trade liberalization causes “between-industry” shifting of the composition...