Similar Search Results

Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements

Horn, Henrik; Mavroidis, Petros C; Sapir, André - C.E.P.R. Discussion Papers - 2009

It is often alleged that PTAs involving the EC and the US include a significant number of obligations in areas not currently covered by the WTO Agreement, such as investment protection, competition policy, labour standards and environmental protection. The primary purpose of this study is...

Persistent link: https://www.econbiz.de/10005025516

Arbitration in International Trade

Casella, Alessandra - C.E.P.R. Discussion Papers - 1992

The great majority of international contracts provide for arbitration in the event of dispute. Legal scholars argue … that international arbitration is causing the development of a legal doctrine attuned to the needs of business and … independent of national laws. This paper studies international arbitration as a prime example of private trade shaping …

Persistent link: https://www.econbiz.de/10005504547

Free Flows, Limited Diversification: Explaining the Fall and Rise of Stock Market Correlations, 1890-2001

Quinn, Dennis; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2008

Using a new dataset on capital account openness, we investigate why equity return correlations changed over the last century. Based on a new, long-run dataset on capital account regulations in a group of 16 countries over the period 1890-2001, we show that correlations increase as financial...

Persistent link: https://www.econbiz.de/10005656257

Foreign Influence and Welfare

Antràs, Pol; Padró i Miquel, Gerard - C.E.P.R. Discussion Papers - 2008

How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal tariffs. We develop a two-country voting model of electoral competition,...

Persistent link: https://www.econbiz.de/10005661468

Risk, Government and Globalization: International Survey Evidence

Mayda, Anna Maria; O'Rourke, Kevin Hjortshøj; Sinnott, … - C.E.P.R. Discussion Papers - 2007

This paper uses international survey data to document two stylized facts. First, risk aversion is associated with anti-trade attitudes. Second, this effect is smaller in countries with greater levels of government expenditure. The paper thus provides evidence for the microeconomic underpinnings...

Persistent link: https://www.econbiz.de/10005136778

A Green Light for Environment, or a Green Light for Protection? The EU-US Dispute Over US Corporate Average Fuel Economy Regulations

Francois, Joseph; Nordström, Håkan - C.E.P.R. Discussion Papers - 1996

The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...

Persistent link: https://www.econbiz.de/10005504591

Developing Country Agriculture and the New Trade Agenda

Anderson, Kym; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1999

A new round of WTO negotiations on agriculture, services and perhaps some other issues is expected to be launched in late 1999. To what extent should those negotiations include so-called "new trade agenda" items aimed at ensuring that domestic regulatory policies do not discriminate against...

Persistent link: https://www.econbiz.de/10005504672

The Time WTO Panels Require to Issue Reports

Horn, Henrik - C.E.P.R. Discussion Papers - 2013

Almost all WTO dispute panels exceed their statutory time limits. This is often seen to indicate a more general problem for panels to manage their tasks. The time required varies considerably across panels however, suggesting that they do not face the same problems. To shed light on these...

Persistent link: https://www.econbiz.de/10011083873

Agriculture, Developing Countries, And The WTO Millennium Round

Anderson, Kym - C.E.P.R. Discussion Papers - 2000

The potential welfare gains from further liberalizing agricultural markets are huge, both absolutely and relative to gains from liberalizing textiles or other manufacturing, according to recent GTAP modelling results. Should attempts to liberalize farm trade in the next WTO round follow the same...

Persistent link: https://www.econbiz.de/10005656221

Trade Agreements as Endogenously Incomplete Contracts

Horn, Henrik; Maggi, Giovanni; Staiger, Robert - C.E.P.R. Discussion Papers - 2007

We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. In spite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this depends on the fundamentals of the...

Persistent link: https://www.econbiz.de/10005662007