of domestic inputoutput production linkages. We then use a Ricardian model of trade with domestic sectoral linkages …, trade in intermediate goods and sectoral heterogeneity in production to perform counterfactual simulations, isolate the …

While international trade can offer gains from specialization and access to a wider range of products, it is also … structured overview of the economic literature on the interaction between environmental outcomes, trade, environmental policy and … trade policy. In this endeavor, it covers approaches reaching from descriptive data analysis based on Input‐Output tables …

economies are more prone to the trade effects of adverse bilateral political shocks. In this paper, we analyze the relation … between political relations and trade at lower levels of aggregation, allowing for a heterogeneous effect by types of inputs …. We show that a negative shock to political relations has a more pronounced effect on trade of critical goods, conditional …

In the past, many WTO member states have liberalized their trade policies unilaterally. However, they were decreasingly … development by resorting to three political economy arguments pro multilateral binding: the terms of trade externality argument … finally the argument that trade policies are instruments for general political targets. For all three arguments, it is shown …

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … distributions are asymmetric because the foreign firm incurs a trade cost to serve the domestic market. We show that the foreign …, justifying the use of contingent trade policy on efficiency grounds. Despite an environment of asymmetric information, contingent …

We study the stability of trade policy arrangements under two regulatory scenarios, with/without PTAs. Unlike previous … papers, we consider an extensive set of trade policy constellations and allow for unlimited farsightedness of negotiating … parties. We find global free trade (GFT) to be uniquely stable under symmetry, with/without PTAs. When two countries are …

In 2011, the EU-South Korea Free Trade Agreement (EUKFTA) entered into force. With its focus on non-tariff barriers … trade. The latter finding is in surprising contrast to leading theories of firm-level behavior. Moreover, we find that our … main result is driven by NTB reductions rather than tariff cuts. In shedding light on the distributional effects of trade …

How do firms of different sizes react to trade liberalization? Leading theories suggest that, amongst continuing … exporters, lower trade costs should boost exports of smaller firms by the same or a greaterrate than those of larger firms …. However, studying the entry into force of the ambitious EU-South Korea Free Trade Agreement (EUKFTA) with French customs data …