Browsing Working Papers by Subject "trade liberalization"

Now showing items 1-3 of 3

    • Is the WTO's Article XXIV Bad? 
      Mrazova, Monika; Vines, David; Zissimos, Ben (Vanderbilt University, 2009)
      This paper shows that the WTO's Article XXIV increases the likelihood of free trade, but may worsen world welfare when free trade is not reached and customs unions (CUs) form. We consider a model of many countries. Article ...
    • Pampered Bureaucracy and Trade Liberalization 
      Stroup, Caleb; Zissimos, Ben (Vanderbilt University, 2010)
      This paper shows how a nation's elite maintain ownership of their wealth by creating a `pampered bureaucracy.' The elite thus divert part of an otherwise entrepreneurial middle class from more productive manufacturing ...
    • Why are Trade Agreements Regional? 
      Zissimos, Ben (Vanderbilt University, 2010)
      This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance ...