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A simple model of the juggernaut effect of trade liberalisation
Baldwin, Richard E.; Robert-Nicoud, Frédéric - London School of Economics (LSE) - 2008
This paper posits a formal political economy model where the principle of reciprocity in multilateral trade talks results in the gradual elimination of tariffs. Reciprocity trade talks turn each nation’s exporters into anti-protectionists at home; they lower foreign tariffs by convincing their...
Persistent link: https://www.econbiz.de/10010928767
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The 'emulator effect' of the Uruguay round on US regionalism
Fugazza, Marco; Robert-Nicoud, Frédéric - London School of Economics (LSE) - 2010
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent 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...
Persistent link: https://www.econbiz.de/10010746153
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Employment outcomes in the welfare state
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2008
We examine the implications of tax and subsidy policies for employment in the “three worlds of welfare”, Anglo …-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of the employment outcomes …. Anglo-Saxon lowsupport policies encourage more overall market employment. Continental transfer policies encourage more home …
Persistent link: https://www.econbiz.de/10011071076
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Employment outcomes in the welfare state
Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2008
We examine the implications of tax and subsidy policies for employment in the “three worlds of welfare”, Anglo …-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of the employment outcomes …. Anglo-Saxon low-support policies encourage more overall market employment. Continental transfer policies encourage more home …
Persistent link: https://www.econbiz.de/10011071508