Building on the work by Anderson and Neary on theoretically grounded trade policy indexes, we define an aggregate measure (Mercantilistic trade preference index - MTPI) of the trade referential margins. The MTPI provides a method of aggregation that is consistent with a common objective of the...

This paper uses detailed data on bound and applied tariffs to assess the consequences of the World Trade Organization's December 2008 Modalities for tariffs levied and faced by developing countries, and the welfare implications of these reforms. The authors find that the tiered formula for...

The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI have a positive and statistically significant...

The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI have a positive and statistically significant growth...

The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI have a positive and statistically significant growth...

The paper explores an important issue in multilateral agricultural trade negotiations, namely the approach taken to reduce tariffs, simulating possible liberalization scenarios. The analysis is based on the model of the Global Trade Analysis Project (GTAP), and on the related version 6.0...

This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade...