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Keywords:Free trade 

Conference Paper
The benefits of free trade

Proceedings

Report
On sunk costs and trade liberalization in applied general equilibrium

We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are artificially boosted by an unrealistic treatment of fixed costs. We introduce sunk costs into one such model calibrated with real-world data. We show how this changes the oligopoly game in a way significant enough to affect, both qualitatively and quantitatively, the outcome of a trade liberalization exercise.
Staff Report , Paper 188

Journal Article
Rising protectionist threat creates risks for Texas

Expanding trade has brought jobs and business to Texas, but has left the state particularly vulnerable to antitrade actions. Texas would suffer greatly if the U.S. and other countries implement protectionist measures.
Southwest Economy , Issue Q3 , Pages 10-14

Conference Paper
Interstate obstacles to commerce

Proceedings

Working Paper
A theory of North-South customs unions

We examine the implications of a North-South trade accord where investments in the Southern partner nation exhibit country risk. Our analysis demonstrates that treatment of foreign investment, inducing additional foreign capital inflows. Moreover, the impact of the accord on Southern credibility is directly increasing in the gains from trade between the two partner countries. We also demonstrate that the presence of sovereign risk changes the tradeoffs between trade creation and diversion, enhancing the potential for welfare-increasing trade-diverting North-South regional trade accords.
Working Papers in Applied Economic Theory , Paper 95-06

Report
Racing to the top: how global competition disciplines public policy

Annual Report

Journal Article
Policy implications of trade and currency zones: a summary of the Bank's 1991 symposium

Economic Review , Volume 76 , Issue Nov , Pages 37-48

Conference Paper
A dynamic dual model of the Free Trade Agreement

Proceedings

Working Paper
The new regionalism and Asia: impact and options

New regional initiatives abound, both outside Asia and within. Free Trade Areas in the West - notably NAFTA, its possible enlargement into an FTA of the Americas, and the European Union - have implications for Asia. Asian manufacturers will experience trade diversion, especially in textiles and apparel. Balancing such losses is the likelihood of gains from higher import demand caused by stronger economic growth in the Americas and Europe. ; New estimates of the gravity model of bilateral trade confirm the presence of implicit or de facto trade blocs in Asia and the Pacific, as in Europe ...
Pacific Basin Working Paper Series , Paper 95-10

Journal Article
Globalization and public policy: a conversation with W. Michael Cox

Southwest Economy , Issue May , Pages 8-9

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Coughlin, Cletus C. 7 items

Gould, David M. 6 items

Little, Jane Sneddon 5 items

Cheng, Hang-Sheng 4 items

Gruben, William C. 4 items

Poole, William 4 items

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