Institutions Trade & Economic Development
By Simone Moriconi (IESEG School of Management and LEM), Giovanni Peri (University of California Davis), and Riccardo Turati (Université Catholique de Louvain) The idea that political support for redistribution and public good provision is lower in societies with high exposure to immigration and diversity is widely acknowledged. In the US, the great migration inflows of […]
By Tibor Besedeš (Georgia Institute of Technology), Erik P. Johnson (Carthage College), and Xinping Tian (Hunan University) Multilateral environmental agreements come in many flavors. Between 1950 and 2012 over 1100 such agreements have been negotiated between countries. These agreements cover a variety of issues including newer concerns such as global warming and climate change as […]
By Jenny Guardado (Georgetown University) The idea that colonial institutions are fundamental in explaining the divergent development trajectories of New World countries is well-established.[1] In this view, colonial institutions led to longstanding differences in the protection of property rights or the provision of public goods in countries such as the US and Canada on the […]
By Joel Rodrigue (Vanderbilt University) and Yong Tan (Nanjing University of Finance and Economics) For the typical Chinese exporter, foreign sales grew exponentially after China’s entry to the WTO. How was this so-called ‘economic miracle’ achieved in such a short span of time? Answering this question has been the focus of policymakers, government officials, and […]
Markus Eberhardt (University of Nottingham) and Francis Teal (Centre for the Study of African Economies, University of Oxford) “We compare this [input] index with our output index and call any discrepancy ‘productivity’… It is a measure of our ignorance, of the unknown, and of the magnitude of the task that is still ahead of us.” […]
By Kamal Saggi (Vanderbilt University), Woan Foong Wong (University of Oregon), and Halis M. Yildiz (Ryerson University) At a time when multilateral trade liberalization at the World Trade Organization (WTO) seems to have come to a grinding halt, preferential trade agreements (PTAs) appear to be the only game in town for countries interested in undertaking […]
By Rafael Dix-Carneiro (Duke University), Rodrigo R. Soares (Columbia University), and Gabriel Ulyssea (University of Oxford) The idea that economic crises can lead to increased crime is far from new, dating back at least to the Great Depression of the 1930s.[1] Such concern is well justified, as crime imposes a substantial welfare cost on society. However, estimating the causal […]
By Eric Bond (Vanderbilt University) and Kamal Saggi (Vanderbilt University) The Trade-Related Intellectual Property Rights (TRIPS) agreement of the World Trade Organization (WTO) requires that all WTO members provide a minimum level of patent protection for all types of intellectual property. This requirement has created a problem for developing countries in obtaining access to patented […]
Ron Alquist, (AQR Capital Management), Nicolas Berman (Aix-Marseille University), Rahul Muhkerjee (Graduate Institute, Geneva), and Linda L. Tesar (University of Michigan) Cross border mergers and acquisitions (CBMA) as a form of foreign direct investment (FDI) by multinational corporations (MNCs) have grown rapidly in the last two decades. For emerging market economies (EMEs) in particular, the […]
Ben Zissimos (University of Exeter Business School) My new edited volume tilted The WTO and Economic Development, brings together a collection of perspectives on different aspects of the purpose and institutional design of the World Trade Organization (WTO), and how these relate to economic development.[1] The perspectives are contributed by a group of leading scholars in the […]