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An enduring puzzle in international economics is why trade interventions are biased in favor of importcompeting rather than export sectors and therefore restrict trade. In this paper, we show that if ...
In many preferential trade agreements (PTAs) countries exchange not only reductions in trade barriers but also cooperation in non-trade issues such as labor and environmental standards, intellectual p...
There has been an explosion in the number of preferential trade agreements (PTAs) in the last decade. PTAs are characterized by liberalization with respect to only a few partners and thus they can pot...
We analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in respo...
We explore conditions under which trade agreements can provide gains by reducing trade-policy uncertainty. Given the degree of income risk aversion, this is more likely when economies are more open, e...
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
We examine the impact of policy uncertainty on trade and real income through firms’ export investments in general equilibrium. We quantify the trade policy causes and welfare effects of China’s export...
Experts claim that some Indian drug manufacturers cut corners and make substandard drugs for markets with non-existent, under-developed or emerging regulatory oversight, notably Africa. This paper a...
Every new method of trade offers an opportunity for economic agents to compare its costs and benefits relative to the status quo. Such comparison motivates sorting across market segments...
This paper examines the relationship between fertility and human capital investment, and it’s implications for economic growth, focusing on the effects of declining mortality. Unlike the exist...
次国家政府会受经济利益驱使,贸易受市场需求决定,因此贸易趋势不受政府约束, 但政府间沟通协商有助于开拓经贸往来。通过对次国家政府跨国贸易实践的反思, 对中央政府和次国家政府的博弈过程进行解读,也对次国家政府国际行为进行了分析,认为次国家政府只是有一定自主权限的行政管理机构 在分权治理模式上缺乏法理支持,其贸易行为实际仍处于中央政府影响之下,其次国家政府领导人受晋升机制所限,广东省正度领导人在...
本文主要针对目前国有林场消耗性林木资产成本核算存在的问题,提出了采用作业成本法进行核算的思路。在对国有林场消耗性林木资产采用作业成本法核算可行性分析的基础上,建立了国有林场消耗性林木资产作业成本核算模型,并运用该模型对消耗性林木资产作业成本具体核算应用进行测试和分析,结果表明:国有林场消耗性林木资产采用作业成本法核算以后,可以提高木材产品成本核算的真实性和准确性。
We consider the problem of portfolio selection, with transaction costs and constraints on exposure to risk. Linear transaction costs, bounds on the variance of the return, and bounds on different shor...
Remapping the Flow of Funds     Funds  Remapping       2015/7/23
The Flow of Funds Accounts are a crucial data source on credit market positions in the U.S. economy. In particular, they combine regulatory data from various sources to produce a consistent set of &...
An emerging new literature brings unique ideas from corporate finance to the study of international trade and investment. Insights about differences in the development of financial institutions ac...

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