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What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization

Bagwell, Kyle; Staiger, Robert W. - National Bureau of Economic Research (NBER) - 2006

World Trade Organization. We find broad support for the terms-of-trade theory in the data. We claim more tentatively to find …

Persistent link: https://www.econbiz.de/10005580271

Trade Agreements as Endogenously Incomplete Contracts

Maggi, Giovanni; Staiger, Robert W.; Horn, Henrik - National Bureau of Economic Research (NBER) - 2006

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/10005778415

Damming the Commons: An Empirical Analysis of International Cooperation and Conflict in Dam Location

Sigman, Hilary; Olmstead, Sheila M. - National Bureau of Economic Research (NBER) - 2014

. We estimate econometric models of the location of major dams around the world as a function of the degree of …

Persistent link: https://www.econbiz.de/10010890101

Is It Too Late to Bail Out the Troubled Countries in the Eurozone?

Conesa, Juan Carlos; Kehoe, Timothy J. - National Bureau of Economic Research (NBER) - 2014

In January 1995, U.S. President Bill Clinton organized a bailout for Mexico that imposed penalty interest rates and induced the Mexican government to reduce its debt, ending the debt crisis. Can the Troika (European Commission, European Central Bank, and International Monetary Fund) organize...

Persistent link: https://www.econbiz.de/10010785585

Participation and Duration of Environmental Agreements

Battaglini, Marco; Harstad, Bård - National Bureau of Economic Research (NBER) - 2012

incomplete. Since real-world IEAs fit in the incomplete contracting environment, our theory may help explaining the rising …

Persistent link: https://www.econbiz.de/10010969245

Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals

Whalley, John; Li, Chunding; Wang, Jing - National Bureau of Economic Research (NBER) - 2014

This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These include the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and various blocked deals. We use a numerical 13-country global general...

Persistent link: https://www.econbiz.de/10010951424

Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s

Taylor, Alan M.; Estevadeordal, Antoni - National Bureau of Economic Research (NBER) - 2008

According to the Washington Consensus, developing countries? growth would benefit from a reduction in tariffs and other barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth. If "getting policies right" is wrong or infeasible,...

Persistent link: https://www.econbiz.de/10005723140

Tipping Climate Negotiations

Heal, Geoffrey; Kunreuther, Howard - National Bureau of Economic Research (NBER) - 2011

Thinking about tipping provides a novel perspective on finding a way forward in climate negotiations and suggests an alternative to the current framework of negotiating a global agreement on reductions in greenhouse gas emissions. Recent work on non-cooperative games shows games with increasing...

Persistent link: https://www.econbiz.de/10009652825

U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization

Baldwin, Robert E. - National Bureau of Economic Research (NBER) - 2009

This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional...

Persistent link: https://www.econbiz.de/10008627160

How Large are the Impacts of Carbon Motivated Border Tax Adjustments

Whalley, John; Dong, Yan - National Bureau of Economic Research (NBER) - 2009

This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical … increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …

Persistent link: https://www.econbiz.de/10008634644