While China reduced tariffs as part of the WTO accession process, it also reduced the rebates of the value added tax (VAT) for exporters. We use a multi-sector multi-country Ricardian model to examine the extent to which these de facto export tax changes benefited China and nullified the...

In this paper we use a model of tax competition to study the role of information sharing in common agency problems. Two national governments are assumed to compete in tax schedules for the revenues and output of a multinational firm in which only one of the governments is informed about the...

We analyze how a price control and the threat of compulsory licensing (CL) affect consumer access in a developing country (South) to a patented foreign product. In the model, the Southern government sets the level of the price control on a Northern patent-holder who chooses between entry and...

We study optimal tariff binding agreements among asymmetric countries that are subject to idiosyncratic political-economy shocks. We find that the optimal tariff binding of a sector is decreasing in the importing countries international market power in that sector. Moreover, under an optimal...

We examine the impact of (and links between) two types of economic integration on the stability of multimarket collusion when firms interact in quantities in segmented markets: (1) multilateral trade liberalization, captured by a reduction of trade costs across all markets; and (2) preferential...

We examine the properties of a two country dynamic Heckscher-Ohlin model that allows for preferences to be non-homothetic. We show that the model has a continuum of steady state equilibria under free trade, with the initial conditions determining which equilibrium will be attained. We establish...