It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...

Large chocolate manufacturers have committed themselves to only using certifiedcocoa beans and some governments want to increase the share of certified cocoaproducts consumed in their countries. Thus, Voluntary Sustainability Standards(VSSs) become quasi-mandatory for cocoa producers and...

This paper is the first in the literature to examine the impact of natural disasters on trade in services. We measure the magnitude of natural disasters using two distinct sets of variables and quantify the effect of natural disasters on trade in services using a structural gravity model. We...