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We apply a duration analysis to test the conflicting predictions of the median voter model and the lobbying model using panel data on regional trade agreement (RTA) formation. Our results show that the pro-labor prediction of the median voter model is supported by the full-fledged free trade...
Persistent link: https://www.econbiz.de/10009459003
This paper studies the linkage between international trade and income convergence across countries. Different theories offer conflicting predictions regarding how they might affect each other. In the existing empirical literature estimating the trade impact on income convergence, a long-lasting...
Persistent link: https://www.econbiz.de/10009459004
Some recent empirical studies examine the impact of the GATT/WTO on trade. This paper investigates the sample selection bias and the gravity model specification issues in the literature. First, the GATT/WTO not only makes existing trading partners trade more at the intensive margin, but also...
Persistent link: https://www.econbiz.de/10009459005
One of the most contentious debates today is whether pollution-intensive industries seek locations with weak environmental standards, turning these locations into 'pollution havens." Empirical studies to date show little evidence to support the pollution haven hypothesis, but suffer potentially...
Persistent link: https://www.econbiz.de/10009446849