This study attempts to answer two key questions: what will be the likely impact of the EU's Everything But Arms (EBA) proposal, and, what would be the impact if the United States also were to implement a similar proposal? Using the GTAP model, the preliminary results in this paper show if only...

Replaced with revised version of paper 12/15/05.

This paper applies a multi-tasking model of moral hazard to study the delegation of regulatory authority for health and environmental risks. The model characterizes the conditions under which single and multiple bureaucratic agencies are optimal, and relates these findings to discussions of...

This paper is concerned with welfare effects of self-regulation. It considers one group of heterogeneous producers modelling incentives they face when collectively deciding about production and trade of a commodity and employing a technology that take into account the trade-off between quality...

In this paper, we investigate factors affecting total household consumption and poverty in Uganda using household survey data. Our analysis indicates that household wellbeing can be improved by expanding education at all levels (primary, secondary, and university), expanding formal employment,...

Replaced with revised version of paper 12/15/05.

This paper studies the links between private politics, environmental performance of firms and regulatory activity by the government. Following the terminology coined by Baron (2001), "private politics" refers to the individual or collective actions initiated by public interest and activist...

It has been well documented in the literature that ethnicity matters significantly in the determination of savings. In particular, African-American savings lag far behind that of other ethnic groups. Similarly, the literature also provides evidence of the long-lived nature of institutions and...

We present a transfer-seeking model of political economy in which the size of the transfer is determined endogenously, and in which over-dissipation of rents is predicted even under conditions of risk-neutrality and perfect rationality. We implement an empirical test of this model by collecting...

As part of a recent anti-corruption campaign, the Brazilian government began to audit the municipal expenditure of federally-transferred funds. Using these audit reports, we construct a unique data set of political corruption to test whether reelection incentives affect the level of corruption...