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Games and Economic Behavior, 2011 Original version May 2006. Part of this research was conducted while the first author was visiting Caltech. The hospitality of the institution is greatly appreciated. We also gratefully acknowledge the financial support of the National Science Foundation (SES-0450712, SES-0094800, SES-0617820), The Princeton Laboratory for Experimental Social Science,
Juan D. Carrillo, Thomas R. Palfrey
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To Trade or Not To Trade? Criteria for Applying Cap and Trade [PDF]
The Scientific World JOURNAL, 2001 The use of emissions trading (cap and trade) is gaining worldwide recognition as an extremely effective policy tool. The U.S. Sulfur Dioxide (SO2) Emissions Trading Program has achieved an unprecedented level of environmental protection in a cost-effective manner.
Stephanie Benkovic, Joseph Kruger
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Aid for Trade and Trade in Services [PDF]
SSRN Electronic Journal, 2020 Existing research generally finds weak positive effects of aid for trade (AfT) on aggregate merchandise trade of recipients once endogeneity in the AfT-trade relationship is accounted for.
Bernard Hoekman, Anirudh Shingal
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Trade booms, trade busts, and trade costs [PDF]
Journal of International Economics, 2009 What has driven trade booms and trade busts in the past and present? We employ a micro-founded measure of trade frictions consistent with leading trade theories to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of bilateral trade flows for 130 country pairs across the Americas,
David S. Jacks +2 more
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Trade flows and trade disputes [PDF]
The Review of International Organizations, 2014 This paper introduces a new data set and establishes a set of basic facts and patterns regarding the trade that countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as well as the levels of and changes to the trade values, market shares, volumes, and prices for those goods that ...
Bown, Chad P., Reynolds, Kara M.
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Trade Costs and Trade Composition [PDF]
SSRN Electronic Journal, 2011 In this paper, we investigate whether countries' trade costs act like other national endowments by affecting the composition of countries' exports. Using an econometric approach that controls for endogeneity by accounting for potentially relevant omitted variables, we find strong evidence for a sample of 37 industrialized and transition countries that ...
Danny McGowan, Chris Milner
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Trade Wars and Trade Talks [PDF]
Journal of Political Economy, 1995 When governments meet in the international arena, their actions reflect the political situations at home. Previous studies of trade relations have focused on governments that are immune from political pressures and that act as benevolent servants of the public interest.
Grossman, Gene M., Helpman, Elhanan
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Antecedents of capital structure and firm performance: evidence from G-7 countries [PDF]
Journal of Money and Business, 2022 Purpose – The main goal of this study is to analyze how monetary debt effects firm behavior of 167 registered manufacturing companies in G-7 countries.
Muhammad Riaz +2 more
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, 2013 In this chapter we present a selective analytic survey of some of the main results of trade under oligopoly. We concentrate on three topics: oligopoly as an independent determinant of trade, as illustrated by the reciprocal-markets model of Brander (1981); oligopoly as an independent rationale for government intervention, as illustrated by strategic ...
Leahy, Dermot, Neary, Peter
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Trade adjustment and the composition of trade [PDF]
Journal of Economic Dynamics and Control, 2006 A striking feature of U.S. trade is that both imports and exports are heavily concentrated in capital goods and consumer durables. However, most open economy general equilibrium models ignore the marked divergence between the composition of trade flows and the sectoral composition of U.S. expenditure, and simply posit import and exports as depending on
Christopher J. Erceg +2 more
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