Export restraints by the Russian Federation on natural gas and timber have been the source of major controversy between the European Union and the Russian Federation. The analysis of this paper suggests that the export restraints in natural gas very substantially benefit Russia. On the other...

We revisit the adoption of voluntary export restraints (VERS) in the differential Cournot game with sticky price and intraindustry trade by Dockner and Haug (1991). The analysis relies on linear and nonlinear feedback strategies, to encompass the special cases considered in Fujiwara (2010) and...

Several recent studies have discussed the ramifications of the China-Raw Materials case for China's rare earths. However, none of these studies has conducted a thorough investigation of China's current export quota regime for rare earths or how it might stand up under WTO rules, assuming that it...

This article brings light to the misguided efforts of the United Nations in trying to control weapons entering into the illicit market. The recent Arms Trade Treaty (ATT) focuses on the legal trade in weapons to prevent and eradicate the illicit trade in arms while missing a vital component:...