Private actors have been actively working on standards that certify products and their production processes to minimize negative externalities. The number of Voluntary Sustainability Standards (VSS) has been increasing over the last few decades, raising interest in understanding their impact on...

Eleven countries in Latin America and the Caribbean have committed to achieving net-zero emissions by 2050. Changes in the food system are critical to achieving these carbon neutrality goals, as agriculture and the resulting land use changes are responsible for almost half of the greenhouse gas...

Eleven countries in Latin America and the Caribbean have pledged to reach net-zero emissions by around 2050. Changes in the food system are key to reach these carbon neutrality goals, as agriculture and resulting land-use changes are responsible for almost half of greenhouse gas emissions in the...

Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...

La teoría económica y la evidencia empírica disponible apoyan la tesis de que el direccionamiento del gasto público hacia bienes de naturaleza privada, en detrimento del gasto en bienes públicos, inhibe el desempeño del sector agrícola. Este trabajo presenta un análisis de la influencia...

We estimate import processing costs based on the time it takes to import. Our theory extends existing time-cost measures to account for uncertainty in import processing. We use detailed, highly disaggregated data on import processing dates and import values to provide evidence for our theory and...

Online Technical Appendix to "Fighting Global Warming: Is Trade Policy in Latin America and the Caribbean a Help or a Hindrance?"It describes in more detail the data sources, the empirical strategy; and presents a series of robustness checks.

This study analyzes the firm-level impacts of temporary safeguard import tariffs implemented in Ecuador from 2015 to 2017. Employing a difference-in-differences methodology, we explore the policy's effects on a unique dataset combining firm- and product-level data. We focus on the direct effects...

The dire prospects of global warming have been increasing the pressure on policymakers to use trade policy as a mitigation tool, challenging trade economists' canonical "targeting principle." Even though the justifications for this stance remain as valid as ever, it no longer seems feasible in a...

We develop a quantitative theory of prices in firm-to-firm trade with bilateral negotiations and two-sided market power. Markups reflect oligopoly and oligopsony forces, with relative bargaining power as weight. Cost pass-through elasticities into import prices can be incomplete or complete,...