The Extent of the Market and Stages of Agricultural Specialization
This paper provides empirical evidence of an U-shaped relationship between the extent of the market (size of the relevant urban market) and the pattern of....
Working Papers
This list captures all of the most recent papers that have been uploaded to this website. For a FULL list of 'Working Papers' from IIEP please visit this archived version of our website.
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Due to the unavailability of time series data on domestic market clearing price of imports, the estimation of notional price and income elasticities of aggregate...
Trade and the Hill: What to Expect Post-Election
Eric Euland – The Duberstein Group; former chief of staff to Senate Majority Leader Bill Frist (R., Tennessee)....
Regionalism in Standards: Good or Bad for Trade?
Regional agreements on standards have been largely ignored by economists and blessed by multilateral trade rules. Using a constructed panel data that identies.....
Trade Liberalization and Antidumping: Is There a Substitution Effect?
Many nations have undergone significant trade liberalization in the last twenty years even as they have increased their use of contingent protection measures.....
Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals
We study herd behavior in a laboratory financial market with financial market professionals. An important novelty of the experimental design is the use of a ...
Output Fluctuations in the G-7: An Unobserved Components Approach
This paper proposes a multivariate unobserved-components model to simultaneously decompose the real GDP for each of the G-7 countries into its respective trend.....
Regional Economic Integration and Geographic Concentration of Multinational Firms
A number of theoretical studies have predicted that preferential trade agreements (PTAs) raise outside multinationalsincentive to invest.....
Investing in Health: The Long-Term Impact of Head Start on Smoking
Head Start is a comprehensive, early childhood development program designed to augment the human capital and health capital levels of disadvantaged children......
Does Antidumping Use Contribute to Trade Liberalization in Developing Countries?
Some supporters of antidumping have argued that this procedure serves as a kind of “safety valve” for protectionist pressure. In this paper, we investigate....