A variety of empirical and theoretical trade papers have suggested and documented a positive impact of trade on the … productivity of firms. However, there is less consensus about the underlying mechanism at work. While trade papers focus on access … competition from abroad. The latter finding is at odds with most trade models, so I propose a model incorporating non …

available from Global Trade Alert, combined with bilateral FDI data between OECD countries and a large number of partner … specifications suggest that, depending on the empirical model, the implementation of a trade protection measure is associated with … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country’s FDI …

shortsightedness of policy makers. We show that Nash-equilibrium tariffs based on a dynamic trade model are lower than Nash …

Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected … trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external …

cross-country externalities. Second, minimum quality standards are shown to operate as non-tariff barriers to trade. Third …

regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate … duty free access (IDA) to its Free Trade Area partners across tariff lines. A key finding is that the US has granted IDA … Uruguay Round (multilateral) ‘concessions’ have emulated subsequent (preferential) trade liberalisation. We conclude from this …

This paper reviews the theoretical and the empirical literature on regionalism. The formation of regional trade … agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The … discriminatory character of these agreements has raised three main concerns: that trade diversion would be rampant, because special …

Median voter theory applied to trade policy predicts positive tariffs in capital-abundant countries and negative … component and a positive in terms of trade component. Positive terms of trade effects raise tariffs in all countries, and can …-abundant countries. As expected, terms of trade effects raise tariffs across all countries and are stronger among non-members of the WTO. …