Using a new database on Chinese food standards, this paper estimates the impact of volunta-ry and mandatory standards on its agricultural and food exports. The dataset covers seven Chinese products from 1992 to 2008. The findings here indicate that standards have a positive effect on China's...

Using a new database on Chinese food standards, this paper estimates the impact of volunta-ry and mandatory standards on its agricultural and food exports. The dataset covers seven Chinese products from 1992 to 2008. The findings here indicate that standards have a posi-tive effect on China's...

Using a new database on Chinese food standards, this paper estimates the impact of volunta-ry and mandatory standards on its agricultural and food exports. The dataset covers seven Chinese products from 1992 to 2008. The findings here indicate that standards have a posi-tive effect on China's...

This paper presents a simple model of how a small open economy can undervalue its real exchange rate using its capital account policies. The paper presents several properties of such policies, and proposes a rule of thumb to assess their welfare cost. The model is applied to an analysis of...

This paper describes seven salient features of trade integration in the 21st century: Trade integration has been more rapid than ever (hyperglobalization); it is dematerialized, with the growing importance of services trade; it is democratic, because openness has been embraced widely; it is...

Until recently, the World Trade Organization (WTO) has been an eff ective framework for cooperation because it has continually adapted to changing economic realities. Th e current Doha Agenda is an aberration because it does not refl ect one of the biggest shifts in the international economic...

This paper estimates the impact of China’s exchange rate changes on exports of competitor countries in third markets, known as the “spillover effect.” Recent theory is used to develop an identification strategy in which competition between China and its developing country competitors in...

Chronic food shortages, political repression, and poverty have driven tens of thousands of North Koreans into China. This paper reports results from a large-scale survey of this refugee population. The survey provides insight not only into the material circumstances of the refugees but also into...