Teaching Modules are sets of cases, references, and other materials organized around a special theme. While a single case or reading can be illuminating, a set of materials can show you multiple points of view on an issue, the main debates around an issue, or how a case comes to life through...

This chapter examines international environmental regulation from economic, political, and legal perspectives. Section 1 introduces the economics and politics of international environmental regulation. International agreements on environmental issues are often seen as symmetric contracts among...

This paper used a spatial and temporal price equilibrium model to assess the potential impacts of farmers in West and Central Africa adopting Bacillus thuringiensis (Bt) cowpea (Vigna unguiculata (L.) Walp). The results showed that regional cowpea prices would decrease, leading to increased...

Many studies report that Bt cotton has led to significant yield gains, reduced insecticide use, or both in different countries. With rare exception, these studies examine adoption in one region in isolation from adoption in others. This article summarizes the global impacts of Bt cotton adoption...

The price-wedge method yields a tariff-equivalent estimate of technical barriers to trade (TBT). An extension of this method accounts for imperfect substitution between domestic and imported goods and incorporates recent findings on trade costs. We explore the sensitivity of this revamped TBT...

This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....

In this paper we study the impact of more transparency in the foreign exchange market on the ex ante expected volume of international trade. Transparency is measured by the informational content of publicly observable signals. These signals convey information about the use of policy instruments...

The outsourcing boom being observed in India is actually a part of a much bigger worldwide phenomenon of international fragmentation in production and trade. Outsourcing of manufacturing parts has been going on for quite some time, whereas outsourcing of services is a relatively recent...