What is wrong with Europe's Single Market? The brief answer to that question is that it does not really exist - it is unsingle. The Single Market is in many ways a political illusion. It exists only nominally. Any company doing business in Europe faces significant barriers to cross-border...

A trade agreement is a vital link for today's economy. Countries are trying to develop deeper provisions on technical trade measures by signing free trade agreements, making the measures an essential part of the FTA negotiations. Therefore, it is of profound significance to understand the...

We study the consequences of non-tariff barriers to imports on firms' behavior in export markets. We exploit the timing in which several inputs entered a system of non-automatic import licenses (NAILs) that was implemented in Argentina to study the consequences of the policy on the behavior of...

Regulatory trading systems, such as the SO2 cap and trade system, are ubiquitous in environmental and natural resources law. In addition to cap and trade systems for pollutants such as SO2, NOx and CO2 , environmental and natural resources law uses trading in areas such as endangered species,...

This article exploits the creation of a paradigmatic multi-ethnic state, Yugoslavia, to examine whether the effect of ethnic identity on trade costs persists when borders change. We rely on a panel of over 550,000 inter-urban price gaps spanning the area of Yugoslavia before and after Yugoslav...