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This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005365476
This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While these tools range across a variety of statistical methods, they are united in the common goals of first, identifying interesting contemporaneous patterns in growth data and...
Persistent link: https://www.econbiz.de/10005365483
Persistent link: https://www.econbiz.de/10005527636
This paper explores the impact of changes in the composition of government spending on the level of relative prices, interest rates and the current account in a two country, two period Heckacher-Ohlii model. We show that shifting the composition of government spending affects macroeconomic...
Persistent link: https://www.econbiz.de/10005720075
We investigate empirically whether GATT rules may have helped the US government make trade policy commitments to its private sector. We study choices under two distinct environments. One environment is the determination of sectoral exclusions in the Tokyo Round of GATT negotiations. The other is...
Persistent link: https://www.econbiz.de/10005321875
This paper studies the differences in the uses and effects of U.S. antidumping law on imports and domestic output across the major regions exporting to the United States. Building on previous work (Staiger and Wolak, 1994), we extend our attempt to characterize the implications of the use of...
Persistent link: https://www.econbiz.de/10005408026
We explore the impact of the formation of regional free trade agreements on the ability of countries to maintain low cooperative multilateral tariffs. We assume that countries can not make binding international commitments, but are instead limited to self-enforcing arrangements. Specifically, we...
Persistent link: https://www.econbiz.de/10005062603
This paper proposes a theory of gradual trade liberalization. I consider countries that are limited to self-enforcing arrangements in their trade relations. I argue that enforcement problems associated with the maintenance of low cooperative tariffs are exacerbated by the presence of resources...
Persistent link: https://www.econbiz.de/10005062611
We study the implications of customs union formation for multilateral tariff cooperation. We model cooperation in multilateral trade policy as self-enforcing, in that it involves balancing the current gains from deviating unilaterally from an agreed-upon trade policy against the future losses...
Persistent link: https://www.econbiz.de/10005062620
We study the implications of customs union formation for multilateral tariff cooperation. We model cooperation in multilateral trade policy as self-enforcing, in that it involves balancing the current gains from deviating unilaterally from an agreed-upon trade policy against the future losses...
Persistent link: https://www.econbiz.de/10005656190