This article aims to explain the increasing deficits in the trade and current account balances of three post-transition countries–Czech Republic, Hungary, and Poland–by testing two hypotheses: the twin deficit hypothesis and increasing import intensity of export production. The method uses… Read moreOn the twin deficits hypothesis and the import intensity in transition countries / Hubert Gabrisch
Abstract: In this essay, I address the different approaches of the EU and the WTO to the trade and environment conflict and find out in how far the present environmental policy of the EU is compatible with the conditions of… Read moreEnvironmental Protection in the EU and the WTO: Is Article XX GATT in its Present Interpretation Consistent with the Current Standard of Environmental Protection of the EU? / Antonia Walter
This article seeks to study how intra-OECD trade in manufacturing goods has affected technological heterogeneity across member states during 1988-2008. To this aim, we derive a panel data version of the Eaton and Kortum (2002) normalised trade model to estimate,… Read moreTechnological effects of intra-OECD trade in manufacturing : A panel data analysis over the period 1988-2008 / Javad Abedini
Taking global value chains (GVCs) into account has important implications for trade policy. When production is vertically fragmented and trade in intermediate inputs is prevalent, one has to look differently at a certain number of issues. Through case studies, this… Read moreTrade Policy Implications of Global Value Chains / Sébastien Miroudot, Dorothée Rouzet, Francesca Spinelli
Using the Heckscher–Ohlin–Samuelson–Vanek (HOSV) framework, this paper illustrates a relationship between corruption and the pattern of international trade that depends on the factor endowments of countries. The relationship between trade openness and corruption is empirically investigated by using a panel… Read moreTrade Openness, Corruption and Factor Abundance: Evidence from a Dynamic Panel / Sugata Marjit, Biswajit Mandal and Suryadipta Roy
Numerous studies on income convergence estimate the convergence equation derived for autarkic economies using data from the world that is increasingly integrated. This paper derives a convergence equation for a world integrated by trade from the standard Heckscher–Ohlin model with… Read moreTrade and the Speed of Convergence / E. Young Song
The article examines strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. Green subsidies of either sign on top of emissions cap regulation reduce the welfare of the group of… Read moreInternational carbon emissions trading and strategic incentives to subsidize green energy / Thomas Eichner and Rüdiger Pethig
Abstract: We present a model of endogenous growth in which the use of a non-renewable resource in production yields CO2 emissions whose accumulated stock negatively affects welfare. A CCS technology enables, via some effort, a partial reduction of these emissions…. Read moreCarbon sequestration, economic policies and growth / André Grimaud, Luc Rouge
Alejandro Jara talks to Viv Davies about the 2013 WTO Bali ministerial conference and the recent Vox report, ‘Building on Bali’, co-edited with Simon Evenett. Jara presents his views on the post-Bali agenda, mega regional trade agreements and trade protectionism…. Read morePost Bali Agreements
With the shift in the centre of economic gravity towards Asia, the Regional Comprehensive Economic Partnership (RCEP) of the ASEAN+6 countries has assumed a new meaning. The new mega-groupings in the form of a Trans-Pacific Partnership (TPP) with an attempt… Read moreIndia-Japan Comprehensive Economic Partnership Agreement (CEPA) Some Implications for East Asian Economic Regionalism and RCEP / Ram Upendra Das