We show that a market access requirement (MAR) can increase competition and reduces prices if a properly designed subsidy scheme is used to enforce the requirement. This is in contrast to most of the recent literature which has generally concluded that MARs are unambiguously anticompetitive. Our...

This paper relates the postdisplacement experience of individuals to changes in the competitive position of the industry, vis a vis the rest of the world, from which the individual was displaced. The focus on the duration of unemployment spells and the change in wages accompanying displacement.

We analyze the effects of protection using disaggregated data. This permits analysis of distinct effects of tariffs and NTBs on trade. Our analysis indicates that tariffs tend to shift trade towards larger exporters. We find significant trade diversion caused by tariffs. In the case of NTBs, we...

In recent years, there has been a rise in the popularity of preferential trading arrangements (PTA), and an equally precipitous rise in the number of papers studying the effects of regionalism. In this paper we assess the effect of preferential trading arrangements on the aggregate and bilateral...

We study the endogenous determination of the trading mechanism in a search economy with a continuum of homogenous sellers and heterogeneous buyers.