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There is a great deal of protection against used automobile imports in many countries of the world that has gone largely unnoticed in the trade policy literature. Indeed, there has been no recent attempt to systematically analyze the determinants of used automobile trade and the role of...
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We estimate a gravity model of Japanese and US exports of used automobiles that incorporates an original, ordered measure of protection in global, used automobile markets. The model confirms that, overall, protection by our measure is suppress-ive and often statistically significant and that...
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Foreclosures are spatially contagious by nature (Can 1998). Abandoned or vacant properties have a negative spillover effect, by reducing the expected return on investment on surrounding properties. While there is a growing body of literature focusing on the latest wave of foreclosures in the US...
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