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Bagwell, Kyle - 2000

We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion … review therefore offers support for the (politically-augmented) terms-of-trade theory as an appropriate framework within …

Persistent link: https://www.econbiz.de/10012470726

Strategic Trade, Competitive Industries and Agricultural Trade Disputes

Bagwell, Kyle - 2000

The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these … predictions emerge in a natural three-country extension of the traditional theory of trade policy in competitive markets, once the … theory is augmented to allow for politically-motivated governments, so that the sign of export policy may be converted from …

Persistent link: https://www.econbiz.de/10012470921

The Simple Economics of Labor Standards and the GATT

Bagwell, Kyle - 1998

How should the issue of domestic labor standards be handled in the GATT/ WTO? This question is part of a broader debate over the appropriate scope of international economic institutions such as the GATT, where member-countries are considering proposals for a new round of n3 negotiations that...

Persistent link: https://www.econbiz.de/10012472207

An Economic Theory of GATT

Bagwell, Kyle - 1997

Despite the important roel played by GATT in the world economy, economist have nto developed a unified theoretical framework that interprets and evaluates the principles that form the foundation of GATT. Our purpose here is to propose such a framework. Working within a general equilibrium trade...

Persistent link: https://www.econbiz.de/10012472768

Reciprocity, Non-discrimination and Preferential Agreements in the Multilateral Trading System

Bagwell, Kyle - 1997

and non-discrimination, the two principles that are the pillars of the multi- lateral trading system as embodied in GATT and its successor, the WTO. We show that GATT's principle of reciprocity serves to neutralize the world-price effects of a country's trade policy decisions, and hence can...

Persistent link: https://www.econbiz.de/10012472892

Regionalism and Multilateral Tariff Cooperation

Bagwell, Kyle - 1997

We consider a 3 country world in which each country's import market is served by competing exporters from its 2 trading partners. We assume that weak multilateral enforcement mechanisms prevent governments from implementing efficient trade policies through a multilateral agreement requiring...

Persistent link: https://www.econbiz.de/10012472903

Strategic Export Subsidies and Reciprocal Trade Agreements : The Natural Monopoly Case

Bagwell, Kyle - 1996

Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT? With existing arguments, it is possible to understand GATT's restrictions on export subsidies as representing an inefficient victory of the interests of exporting governments...

Persistent link: https://www.econbiz.de/10012473274

Reciprocal Trade Liberalization

Bagwell, Kyle - 1996

Why have governments found reciprocal trade agreements such as GATT to be a more effective means of facilitating trade liberalization than unilateral initiatives? We provide in this paper an analytic framework for the study of reciprocal trade agreements. We use this framework to establish three...

Persistent link: https://www.econbiz.de/10012473371

Protection and the Business Cycle

Bagwell, Kyle - 1995

Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical regularities in the relationship between protection and the business cycle. We examine the ability...

Persistent link: https://www.econbiz.de/10012473711

Collusion over the Business Cycle

Bagwell, Kyle - 1995

We present a theory of collusive pricing in markets subject to business cycle fluctuations. In the business cycle model …

Persistent link: https://www.econbiz.de/10012473833