Review of International Economics master

Volume 14, Issue 1, February 2006


Contents

International Trade under Oligopoly Conditions
Roy Ruffin

Long-run Specialization
Yoshiyasu Ono and Akihisa Shibata

Factor Accmumulation without Diminishing Returns: The Case of East Asia
Peter Debaere and Ufuk Demiroglu

Factor Endowments and Industrial Structure
Trevor A. Reeve

Communication Costs and Trade of Differentiated Goods
Linghui Tang

Are Matched Partner Trade Statistics a Usable Measure of Transportation Costs?
David Hummels and Volodymyr Lugovskyy

Partial Privatization, Foreign Competition and Optimum Tariff
Chi-Chur Chao and Eden S. H. Yu

Illegal Immigration and Second Best Import Tariffs
Subhayu Bandyopadhyay

Trade, Entry Barriers and Home Market Effects
Paul E. Jensen

Mean Reversion of Short Run Interest Rates in Emerging Countries
Bertrand Candelon and Luis A. Gil-Alana

A Stackelberg Game Model of Trade in Renewable Resources with Competitive Sellers
Amitrajeet A. Batabyal and Hamid Beladi

A Model of Trade Liberalization in Services
Clement Yuk Pang Wong, Jinhui Wu and Anming Zhang

Book Reviews
Carl Davidson
Henry Kim
Farhad Rassekh


Volume 14, Issue 2, May 2006


Contents

The Impact of Chinese Exports on Global Import Prices
Steven B. Kamin, Mario Marazzi, and John W. Schindler

Global production and currency devaluation
Laixun Zhao and Yuqing Xing

On the international linkages between trade and merger policies
Kamal Saggi and Halis Murat Yildiz

The intervention principle
Earl L. Grinols

Trans-boundary Pollution and international migration
Kenji Kondoh

Long-run lunacy, short-run sanity: A simple model of trade with labor market turnover
Carl Davidson and Steven J. Matusz

Strategic Exports and R&D with Internationally Mobile Skilled Labor and Exchange Rate Volatility
Sajal Lahiri and Fernando Mesa

Multinational firms and strategic FDI subsidies
Yasunori Ishii

Reconsidering real interest parity for traded and non-traded goods
Jaebeom Kim

Investment under trade policy uncertainty: an empirical investigation
Sasatra Sudsawasd and Robert E. Moore


Volume 14, Issue 3, August 2006


Contents

Rate-of-Return Parity in Experimental Asset Markets
Jason Childs and Stuart Mestelman

The Division and Size of Gains from Liberalization in Service Networks
Keshab Bhattarai and John Whalley

Gender Inequality and Trade
Matthias Busse and Christian Spielmann

Food Protection for Sale
Rigoberto A. Lopez and Xenia Matschke

Is the Border Really That Wild?
Janet Ceglowski

Multinational Corporations, Stackelberg Leadership and Tariff Jumping
Stuart Dixon

‘GATT-Think’ with Asymmetric Countries
Paolo Epifani and Juliette Vitaloni

On the Equivalence of Ad Valorem Tariffs and Specific Tariffs under Duopoly
Koon Lam Shea and Esther Y.P. Shea

Oligopsony Distortions and Welfare Implications of Trade
Stephen Devadoss and Wongun Song

The Torrens-Ricardo Principle of Comparative Advantage: An Extension
Murray C. Kemp and Masayuki Okawa

Foreign Direct Investment: Flows, Volatility and the Impact on Growth
Robert Lensink and Oliver Morrissey

Modelling Cultural Barriers to International Trade
István Kónya

Forum

Misleading Inferences from Panel Data: A Comment
George S. Ford, John D. Jackson and Audrey D. Kline

Misleading Inferences from Panel Data: A Reply
Janice Boucher Breuer, Robert McNown and Myles Wallace

Making Sense of the Comparative Advantage Gains from Trade: Comment on Batra
Daniel M. Bernhofen

Book Reviews
Catherine Yap Co
Slobodan Djajic
Noel Gaston
James C. Hartigan
William R. Melick
Sweta C. Saxena


Volume 14, Issue 4, September 2006

 


Contents

Pass-Through Estimates and the Choice of an Exchange Rate Index
Patricia S. Pollard and Cletus C. Coughlin

Exchange Rate Regime and Currency Crises: An Evaluation using Extreme Value Theory
Fasika Damte Haile and Susan Pozo

Transparency in the Foreign Exchange Market and the Volume of International Trade
Udo Broll and Bernhard Eckwert

Technology Transfer and Merger Activities with Trade and Tariffs
Cillian Ryan

Technology Sourcing and Strategic Foreign Direct Investment
Kjetil Bjorvatn and Carsten Eckel

Country Size and the Gains from Trade Bloc Enlargement: An Empirical Assessment for the European Community
Harald Badinger and Fritz Bruess

Tariffs vs. Quotas in a Model of Trade with Capital Accumulation
Giacomo Calzolari and Luca Lambertini

International Trade and Growth Miracles: The Implications of Non-Homothetic Preferences
Andrew Mountford

Multilateralism and Hub-and-Spoke Bilateralism
Hiroshi Mukunoki and Kentaro Tachi

Factor Price Equalization in a World of Many Trading Countries
Murray C. Kemp

An Extension of the Trade Restrictiveness Index to Large Economies
Sami Daklia and Akram Temimi

Institutional Efficiency, Monitoring Costs and the Investment Share of FDI
Joshua Aizenman and Mark M. Spiegel

Imperfect Labor Mobility and Unemployment in a Dual Economy
Gu Wei and Shigemi Yabuuchi

Foreign Aid under Quantitative Restrictions: Welfare Effects and International Factor Mobility
Trisha Bezman

Risky Habits: Risk Sharing, Habit Formation and International Consumption Correlations
Jeffrey C. Fuhrer and Michael W. Klein


Volume 14, Issue 5, November 2006

Contents

Self-protection? Antidumping Duties, Collusion and FDI
Ronald B. Davies and Benjamin H. Liebman

Quality of Governance and the Formation of Preferential Trade Agreements
Masahiro Endoh

Unbalanced Growth and the Sustainability of the Current Account Deficit
Luigi Bonatti

Speculative Attacks and Informational Structure: An Experimental Study
Camille Cornand

On the Credibility of Currency Boards
Switgard Feuerstein and Oliver Grimm

Cross-Country Relative Price Volatility: Effects of Market Structure
Yin-Wong Cheung and Eiji Fujii

Technological Upgrading under Tariffs and Equivalent Quotas
Jiunn-Rong Chiou, Hong Hwang and Chao-cheng Mai

Trade Union Rights, Democracy and Exports: A Gravity Model Approach
David Kucera and Ritash Sarna

The Role of Information Disclosure and Uncertainty in the 1994/95 Mexican Peso Crisis: Empirical Evidence
Christina E. Bannier

Industrial Targeting and Non-shiftable Capital in the Harris-Todaro Model
Jai-Young Choi and Eden S. H. Yu

Multinational Production, Absorptive Capacity and Endogenous R&D Spillovers
Leo A. Grünfeld

Trade Liberalization and the Profitability of Mergers: A Global Analysis
Hassan Benchekroun and Amrita Ray Chaudhrui

The Production Possibility Frontier as a Maximum Value Function: Concavity and Non-increasing Returns to Scale
Ardeshir J. Dalal


Volume 15, Issue 1, February 2007


Contents

Convergence to Purchasing Power Parity at the Commencement of the Euro
Claude Lopez and David H. Papell

Product Market Integration and Union Collision
Chiara Strozzi

Simultaneous Reform of Tariffs and Quotas
J. Peter Neary

Trade, Wages and Specific Factors
Indro Dasgupta and Thomas Osang

The Home Market Effect in Models with Multinational Enterprises
Mario Larch

Trade, Wage Gaps and Specific Human Capital Accumulation
Ngo Van Long, Raymond Riezman and Antoine Soubeyran

Analyzing Modes of Foreign Entry: Greenfield Investment versus Acquisition
Thomas Müller

The Effects of Technology Changes on Sectoral Trade Patterns
Munehisa Kasuya and Toshihiro Okada

Trademark Protection or Protectionism?
Eugenia Baroncelli, Ekaterina Krivonos and Marcelo Olarreaga

Foreign Direct Investment Outflows and Business-Cycle Fluctuations
Miao Wang and M. C. Sunny Wong

Does Productivity Growth Appreciate the Real Exchange Rate?
Jaewoo Lee and Man-Keung Tang

International Outsourcing, Technological Change and Wage Inequality
Alexander Hijzen

Book Review
Kym Anderson


Volume 15, Issue 2, May 2007


Contents

International Technology Transfer: Who Gains and Who Loses?
Roy J. Ruffin and Ronald W. Jones

International Productivity Differences, Infrastructure and Comparative Advantage
Stephen R. Yeaple and Stephen S. Golub

Trade and Real Wages: A Macroeconomic Model
Ravi Batra and Hamid Beladi

Exchange Rates, Expectations and Monetary Policy: A NOEM Perspective
Christian Pierdzioch and Georg Stadtmann

Trade, Human Capital and Technology Spillovers: An Industry Level Analysis
Yanling Wang

International Trade with a Public Intermediate Good and the Gains from Trade
Nobuhito Suga and Makoto Tawada

Welfare Reducing Domestic Cost Reduction
Arijit Mukherjee and Uday Bhanu Sinha

The Effect of EMU on Tourism
Salvador Gil-Pareja, Rafael Llorca-Vivero and Jose Antonio Martinez-Serrano

Cartel Stability and Economic Integration
Philipp J. H. Schröder

International Trade, Technology and the Wage Gap: Evidence from Granger Causality Tests
Sucharita Ghosh and Steven Yamarik

National Border Effects: Location, Not Nationality Matters
Carol L. Evans

Government Bonds in Domestic and Foreign Currency: The Role of Institutional and Macroeconomic Factors
Stijn Claessens, Daniela Klingebiel and Sergio L. Schmukler

International Trade, Hedging and the Demand for Forward Contracts
Jens Eisenschmidt and Klaus Wälde

The S-Curve Dynamics of US Bilateral Trade
Mohsen Bahmani-Oskooee and Artatrana Ratha


Volume 15, Issue 3, August 2007


Contents

Pareto Optimal Delegation in Customs Unions
Marke Melatos and Alan D. Woodland

Domestic Labor markets and Foreign Direct Investment
Jan I. Haaland and Ian Wooton

A Theory of Favoritism in an International Oligopoly
Ngo Van Long

A Note on Production Efficiency in Oligopolistic Trade Models
Arghya Ghosh

Optimal Monetary Policy with Vertical Production and Trade
Kang Shi and Juanyi Xu

Exchange Rate Pass-through Effects and Inflation Targeting in Emerging Economies: What is the Relationship?
Javier Reyes

Optimal Tariffs under a Revenue Constraint
Tatsuo Hatta and Yoshitomo Ogawa

Pricing to Firm: An Analysis of Firm- and Product-Level Import Prices
László Halpern and Miklós Koren

Dynamic Games of Environmental Policy in a Global Economy: Taxes versus Quotas
Akihito Yanase

Productivity Trends and the Sterling Real Exchange Rate
Frank Engels, Panagiotis Th. Konstantinou and Jens Søndergaard


Volume 15, Issue 4, September 2007

 


Contents

Productive Capacity, Product Varieties and the Elasticities Approach to the Trade Balance
Joseph E. Gagnon

Is Trade Good for Your Health?
Ann L. Owen and Stephen Wu

The Pattern of Exchange Rate Effects on Chinese Prices: 1980-2002
Xuxin Yu

Switching Between Expectation Processes in the Foreign Exchange Market: A Probabilistic Approach Using Survey Data
Georges Prat and Remzi Uctum

Balance Sheet Effects, Crises and Growth
Rashmi Shankar

Global Resources and Eco-labels: A Neutrality Result
Peter E. Robertson

International Consumption Patterns among High-income Countries: Evidence from the OECD Data
István Kónya and Hiroshi Ohashi

Foreign Market Entry Strategies under Asymmetric Information
Alberto Nastasi and Pierfrancesco Reverberi

The Zero-Root Property: Permanent vs. Temporary Terms of Trade Shocks
Olivier Cardi

The Optimal Degree of Exchange Rate Flexibility: A Target Zone Approach
Jesús Rodríguez López and Hugo Rodríguez Mendizábal

Optimal Trade Policies and Production Technology in Vertically Related Markets
Hong Hwang, Yan-Shu Lin and Ya-Po Yang


Volume 15, Issue 5, November 2007

Contents

Exchange Rate Effects on China’s Trade
Jaime Marquez and John Schindler

Tax Effects on the Real Exchange Rate
Stacie Beck

Immigration Policy, Self-Selection and the Quality of Immigrants
Giorgio Bellettini and Carlotta Berti Ceroni

Trade Policies as Signals of Private Political Pressure
Hisashi Sawaki

US Exports of Knowledge-Intensive Services and Importing Country Characteristics
Catherine Yap Co

Sustaining Collusion under Economic Integration
Luca Colombo and Paola Labrecciosa

A Model of Endogenous Nontradability and its Implications for the Current Account
Paul Bergin

Pitfalls in private and social incentives for vertical cross border integration and disintegration
Gianpaolo Rossini

Trade Gains and Public Goods
Koji Shimomura

International R&D Spillovers: Trade, FDI, and Information Technology as Spillover Channels
Lei Zhu and Bang Nam Jeon

On Functionally Distributed Quotas
John Gilbert

Current Account Adjustment and Capital Flows
Guy Debelle and Gabriele Galati

Neoclassical growth, Manufacturing Agglomeration and Terms of Trade
Dieter M. Urban

Sharecroppers or Shrewd Capitalists?  Projections of the U.S. Current Account, International Income Flows, and Net International Debt
John Kitchen


Volume 16, Issue 1, February 2008


Contents

External Shocks, Bank Lending Spreads and Output Fluctuations
Pierre-Richard Agénor, Joshua Aizenman and Alexander W. Hoffmaister

Port Efficiency and Trade Flows
Bruce A. Blonigen and Wesley W. Wilson

Effects of Multilateral Trade Liberalization on Prices
Jota Ishikawa and Hiroshi Mukunoki

Trade Policy in the Presence of Technology Licensing
Arghya Ghosh

Financial Openness and Growth: Short-run Gain, Long Run Pain?
Matthieu Bussière and Marcel Fratzscher

Foreign Direct Investment, Economic Growth, and the Human Capital Threshold: Evidence from US States
Timothy C. Ford, Jonathan C. Rork, and Bruce T. Elmslie

An Encompassing Test of Real Interest Rate Equalization
Aaron Smallwood and Stefan C. Norrbin

The Balassa-Samuelson Hypothesis in the Asia-Pacific Region Revisited
Alastair Thomas and Alan King

Trade Creation, Replacement and Destruction in Regional Trade Agreements: Micro Level Evidence for the UK.
Sourafel Girma, Richard Kneller and Mauro Pisu

An Analysis of Income Distribution between the North and the South: The Grossman-Helpman and the Lai Results Reexamined
Takanori Shimizu, Yoshifumi Okawa and Hisayuki Okamoto

A Note on Strategic Trade Policy and Endogenous Quality Choice
Tsuyoshi Toshimitsu and Naoto Jinji

Estimating the Euro Effects on Trade with Propensity Score Matching
Pandej Chintrakarn

Ethnic Networks and US Exports
Subhayu Bandyopadhyay, Cletus C. Coughlin and Howard J. Wall

Book Review by James H. Cassing


Volume 16, Issue 2, May 2008


Contents

Globalization and Taste Convergence: The Cases of Wine and Beer
Joshua Aizenman and Eileen Brooks

Trade and Wages: A Deeper Investigation
Ronald W. Jones and Roy J. Ruffin

Hunting High and Low for Vertical FDI
Ronald B. Davies

Product Market Integration and Heterogeneity: Rent Sharing and Pricing to Market
Torben M. Andersen and Allan Sørensen

On Chamberlinian-Ricardian Trade Patterns
Toru Kikuchi, Koji Shimomura and Dao-Zhi Zeng

Is Regionalism Viable? A Case for Global Free Trade
Reza Oladi and Hamid Beladi

Consistent Estimates of Regional Blocs’ Trade Effects
Yener Kandogan

Dynamic Patterns of Trade Imbalances with Recursive Preference
Tadashi Inoue

Productivity Measurement in Manufacturing and the Expenditure Approach
Anders Sørensen and Bertel Schjerning

Import Protection Bias
Paul Pecorino

Capital Imports and Tariffs
Masao Oda

Cooperative R&D and Strategic Trade Policy with Bertrand Competition
Julie Carlson

Factor Uses and the Pattern of Specialization
Georg Schaur, Chong Xiang and Anya Savikhin

International and Intergenerational Aspects of Capital Income Taxation in an Endogenously Growing World Economy
Yasushi Iwamoto and Akihisa Shibata


Volume 16, Issue 3, August 2008


Contents

Black Market and Official Exchange Rates: Long Run Equilibrium and Short Run Dynamics
Guglielmo Maria Caporale and Mario Cerrato

The IMF and the Liberalization of Capital Flows
Joseph P. Joyce and Ilan Noy

State Trading Enterprises as an Impediment to Improved Market Access: The Case of the Korean Rice Market
Steve McCorriston and Donald MacLaren

The Contribution of International Graduate Students to U.S. Innovation
Gnanaraj Chellaraj, Keith E. Maskus and Aaditya Mattoo

Soverign Risk, FDI Spillovers and Growth
Lilia Maliar, Serguei Maliar and Fidel Pérez Sebastián


Special Section, Global Economic Imbalances: Prospects and Remedies

Guest Editors: Helge Berger, Sarantis Kalyvitis, and Thomas Moutos


Global Current Account Imbalances: American Fiscal Policy versus East Asian Savings
M. Chinn and H. Ito

The Growth Effects of National Patent Policies
E. Dinopoulos and K. Kottaridi

Has Globalization Increased Inequality?
A. Dreher and N. Gaston

Macroeconomic Interdependence with Trade and Multinational Activities
L. Cavallari

The effect of monetary policy on exchange rates during currency crises; the role of debt, institutions and financial openness
S. Eijffinger and B. Goderis

A Welfare Analysis of Capital Account Liberalization
J. von Hagen and H. Zhang
 
The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?
A. Colciago, V. A. Muscatelli, T. Ropele, and P. Tirelli


Volume 16, Issue 4, September 2008

 


Contents

Market Entry Regulation and International Competition¤
Frank Stähler and Thorsten Upmann

Can Rich Countries Become Pollution Havens?
Victoria I. Umanskaya and Edward B. Barbier

Endogenous Lobbying Positions
Larry D. Qiu

Growth, Expansion of Markets and Income Elasticities in World Trade
Yi Wu

Liberalizing NAFTA Rules of Origin: A Dynamic CGE Analysis
Patrick Georges

Entry and Exit in International Markets: Evidence from Chilean Data
Roberto Alvarez and Ricardo A. López

The Transfer Problem and Real Exchange Rate Overshooting in Financial Crises: The Role of the Debt Servicing Multiplier
Gordon Menzies and David Vines

Special Section: European Labour Markets, Trade & Financial Flows and Economic Growth
Guest Editors: Tapan Biswas and George Agiomirgianakis

The Credibility Problem Revisited: Thirty Years on from Kydland and
Prescott
Paul Levine, Joseph Pearlman and Bo Yang

Current Account Imbalances and Real Exchange Rates in the Euro Area
Michael G. Arghyrou and Georgios Chortareas

Pass-through of exchange rate and tariffs into import prices of India: Currency depreciation versus import liberalisation
Sushanta Mallick and Helena Marques

Patent Regimes, Host Country Policies and the Nature of MNE Activities
Usha Nair-Reichert and Roderick Duncan

Sovereign debt capacity and the distribution of domestic wealth: a common agency model
Debora Di Gioacchino, Sergio Ginebri and Laura Sabani

Book Review by Farhad Rassekh


Volume 16, Issue 5, November 2008

Contents

Sharing Money Creation in a Monetary Union
Stéphane Auray, Aurélien Eyquem, Gérard Hamiache and Jean-Christophe Poutineau

A Search Cost Perspective on Formation and Duration of Trade
Tibor Besedes

Assessing applied protection across the world
Antoine Bouet, Yvan Decreux, Lionel Fontagné, Sebastien Jean and David Laborde

Economic Integration, Process and Product Innovation, and Relative Skill Demand
Sebastian Braun

The Effects of Trade Liberalization Between Heterogeneous Countries on Endogenous Mergers
Marie-François Calmette

Can international factor mobility reduce wage inequality in a dual economy?
Hamid Beladi, Sarbajit Chaudhuri and Shigemi Yabuuchi

Multinationals and Exports in a Large and Protected Developing Country
Carlos A. Cinquetti

Maximum-Revenue versus Optimum-Welfare Export Taxes: A Delegation Game
Roger Clarke and David R. Collie

The Trade Effects of Indian Antidumping Actions
Bodhisattva Ganguli

Reciprocal Dumping with Product Differentiation
Richard Friberg and Mattias Ganslandt

Debt and Currency Crises – Complements or Substitutes?
Bernhard Herz and Hui Tong

Capital Inflows, Dutch Disease Effects and Monetary Policy in a Small Open Economy
Emmanuel K. K. Lartey

The United States is a Small Country in World Trade
Christopher S. P. Magee and Stephen P. Magee

Optimal Trade Policy under Homogeneous Bertrand Competition
Hong Hwang, Chao-Cheng Mai and Ya-Po Yang

International Outsourcing and R&D: Long run Implications for Consumers
Sugata Marjit and Arijit Mukherjee

A Theoretical Perspective on Multilateral Agreements on Investment
Alessandro Turrini and Dieter M. Urban

 



Volume 17, Issue 1, February 2009


Contents

International Trade in Hazardous Waste
Jen Baggs

Exchange Rate Pass-through to Export Prices: Assessing Cross-Country Evidence
Robert Vigfusson, Nathan Sheets and Joseph Gagnon

International Specialization and Labor Unions:
Evidence from OECD Countries
Marianna Belloc

Non-linear adjustment in law-of-one price deviations and physical characteristics of goods
Martin Berka

Testing Mundell’s Intuition of Endogenous OCA Theory
Thierry Warin, Phanindra V. Wunnava and Hubert P. Janicki

International Trade and Inter-Industry Wage Structure in Swedish Manufacturing: Evidence from Matched Employer-Employee Data
Nannan Lundin and Lihong Yun

Financial Market Imperfections and the Impact of Exchange Rate Movements on Exports
Nicolas Berman and Antoine Berthou

Currency Misalignments and Exchange Rate Regimes in Emerging and Developing Countries
Virginie Coudert and Cécile Couharde

Asian University Rankings in International and Development Economics: An Application of Zipf’s Law
Jang C. Jin

Long-run PPP Under the Presence of Near-To-Unit Roots: The Case of the British Pound-US Dollar Rate
Nikitas Pittis, Christina Christou, Sarantis Kalyvitis and Christis Hassapis

The Economic Impact of Medical Migration: A Receiving Country’s Perspective
Martine Rutten

NAFTA and the Realignment of Textile and Apparel Trade: Trade Creation or Trade Diversion?
Anusua Datta and Mikhail Kouliavtsev

Fiscal Trends and Self-Fulfilling Crises
Antonio Doblas-Madrid

 


Volume 17, Issue 2, May 2009


Contents

Special Issue in Memory of Professor Koji Shimomura: New Perspectives on Trade Policies, Trading Clubs, and Dynamics of Open Economies.
Guest Editors, Ngo Van Long and Makoto Yano

Introduction  
Ngo van Long and Makoto Yano

Koji Shimomura: A Memoir
Ngo van Long and Makoto Yano

Foreign Aid in the Presence of Corruption: Differential Game Among Donors
Murray Kemp and Ngo van Long

Product Quality, Wage Inequality, and Trade Liberalization
Yan Ma and Fumo Dei

A Tale of Two Ports: The Economic Geography of Inter-City Rivalry
Ngo van Long and Kar-yiu Wong
 
Comparative Advantages and Possible Coordination Failure: An Explanatory Note
An-Chi Tung and Henry Wan, Jr.

Common External Tariff in Core Customs Unions
Mark Melatos and Alan Woodland

Global Free Trade is in the Core of a Customs Union Game
Hideo Konishi, Carsten Kowalczyk, and Tomas Sjöström

Tariffs and Technology Transfer through an Intermediate Product
Eiji Horiuchi and Jota Ishikawa

WTO as Moral Support
Taiji Furusawa

Preference Bias and Outsourcing to Market: A Steady-State Analysis
Raymond Riezman and Ping Wang

Income Effects, Wealth Effects, and Multiple Equilibria in Trade Models with Durable Goods
Erik W. Bond and Robert. A. Driskill

Optimal Growth and competitive equilibrium business cycles under decreasing returns in Two-country Models
Kazuo Nishimura, Alain Venditti, and Makoto Yano


Volume 17, Issue 3, August 2009


Contents

Explaining International Differences in Genetically Modified Food Labeling Policies
Guillaume P. Gruère, Colin A. Carter and Y. Hossein Farzin

Technology Transfer and the South’s Participation in an International Environmental Agreement
Larry D. Qiu and Zhihao Yu

GATT/WTO Promotes Trade Strongly: Sample Selection and Model Specification
Xuepeng Liu

Tariff Elimination and the Wage Gap in an Industrial Specific Factors Model
Henry Thompson and John Francis

International Trade Policy towards Monopoly and Oligopoly
Praveen Kujal and Juan M. Ruiz

Export to Smuggle and Smuggling Technologies
Bruno Larue, Sebastien Pouliot and Christos Constantatos

The Political Economy of Strategic Trade Policies
K.C. Fung, Chelsea C. Lin and Ray-Yun Chang

International Outsourcing and R&D: Long run Implications for Consumers
Sugata Marjit and Arijit Mukherjee

How Information Quality of Macro Aggregates Affects Soverign Risk: An Empirical Investigation
Seung Jung Lee
 



Special Section on Advances in Macroeconomic Theory and Policy and International Money and Finance

Guest Editors: Georgios P. Kouretas and Athanasios P. Papadopoulos


Editorial
Georgios P. Kouretas and Athanasios P. Papadopoulos

An Optimum-Currency-Area Odyssey
George S. Tavlas

Exchange rate volatility and output volatility: A theoretical approach
Maria Grydaki and Stilianos Fountas

Nonlinear dynamics and persistence in PPP relation: Does controlling for nonlinearity solve the PPP puzzle?
Rehim Kilic

Market work, home work and taxes: A cross-country analysis
Richard Rogerson

Why and how education affects economic growth?
Joseph Zeira

Fiscal convergence, Business Cycle Volatility and Growth
Davide Furceri

Monetary union enlargement, fiscal policy and strategic wage setting
Moise Sidiropoulos and Blandine Zimmer


Volume 17, Issue 4, September 2009

 


Contents

Understanding global liquidity in a volatile world
Joshua Aizenman, Menzie Chinn and Michael Hutchison

Will Sub-prime be a Twin Crisis for the United States?
Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber

What is Driving Reserve Accumulation? A Dynamic Panel Data Approach
Diego Bastourre, Jorge Carrera and Javier Ibarlucia

Do Differences in Financial Development Explain the Global Pattern of Current Account Imbalances?
Joseph Gruber and Steven Kamin

Capital Flows, Capitalization and Openness in Emerging East Asian Economies
Alex Mandilaras and Helen Popper

Can International Productivity Differences Alone Account for the US Current Account Deficits?
Suparna Chkraborty and Robert Dekle

Global Imbalances: The Role of Emerging Asia
Pietro Cova, Massimiliano Pisani and Alessandro Rebucci

A Macroeconomic Perspective on Reserve Accumulation
Avner Bar-Ilan and Nancy P. Marion

Monetary and Fiscal Integration in the EMU
Mark M. Spiegel

Sterilization, Monetary Policy, and Global Financial Integration
Joshua Aizenman and Reuven Glick

Option Pricing Approach and International Reserves
Jaewoo Lee

Hoarding of International Reserves: Mrs. Machlup’s Wardrobe and the Joneses
Yin-Wong Cheung and Xingwang Qian


Volume 17, Issue 5, November 2009

Contents

Getting Shut Out of the International Capital Markets: It Doesn’t Take Much
Robert Flood and Nancy Marion

Debt Maturity: Is Long-Term Debt Optimal?
Laura Alfaro and Fabio Kanczuk

Trade, Growth and Environment
Sibel Sirakaya, Stephen J. Turnovsky and Nedim M. Alemdar

External Imbalances and the US Current Account: How Supply-side Changes Affect an Exchange Rate Adjustment
Philipp Engler, Michael Fidora and Christian Thimann

International Reserves and Fiscal Policy in Developing Countries
Yan Zhou

Time Zones as a Source of Comparative Advantage
Toru Kikuchi

From Agreement to Application: An Analysis of Determination under the WTO Antidumping Agreement
Kara M. Reynolds

Labor-Market Search, Financial Market Integration and the Fiscal Multiplier
M. Alper Çenesiz and Christian Pierdzioch

Technical Improvements and Welfare under International Duopoly
Masayuki Okawa

Effects of Transboundary Pollution on the Mode of International Trade of a Polluting Good
Kenji Fujiwara and Norimichi Matsueda

Uncovered Interest Parity at Long Horizons: Evidence on Emerging Economies
Arnaud Mehl and Lorenzo Cappielo

International Technology Transfers and Competition
Eberhard Feess, Michael Hoeck and Oliver Lorz

Trade, Growth and Increasing Returns to Infrastructure: the Role of the Sophisticated Monopolist
Ashok S. Guha and Brishti Guha

Gains from Trade in a Differential Game Model of Asymmetric Oligopoly
Kenji Fujiwara

A Poole Analysis in the New Open Economy Macroeconomic Framework
Mathias Hoffmann and Bernd Kempa


Volume 18, Issue 1, February 2010


Contents

RIE, Volume 18, Issue 1, February 2010

Gravity for FDI
Jörn Kleinert and Farid Toubal

Does FDI Facilitate Domestic Entry? Evidence from the Czech Republic
Meghana Ayyagari and Renáta Kosová

Regional Impacts of Liberalization of Barriers Against Foreign Direct Investment in Services: the Case of Russia’s Accession to the WTO
Thomas F. Rutherford and David G. Tarr

Fixed Costs, Foreign Direct Investment and Gravity with Zeros
Ronald B. Davies and Helga Kristjánsdóttir

Reciprocal Trade Agreements in Gravity Models: A Meta-Analysis
Maria Cipollina and Luca Salvatici

Imperfect Capital Mobility: A General Approach to the Two-Sector Harris-Todaro Model
Jai-Young Choi and Eden S. H. Yu

How Would an Appreciation of the RMB and Other East Asian Currencies Affect China’s Exports?
Willem Thorbecke and Gordon Smith

Modelling Exchange Rate Volatility
Basher A. Balg and Hugh Metcalf

Inequality and Tariffs
Margarita Katsimi and Thomas Moutos

The Effects of Trade Liberalization in Textiles and Clothing on the Greek Market for Cotton Yarn: A Multi-Market Analysis
Dimitrios Dadakas and Stelios D. Katranidis

ICT Use in the Developing World: An Analysis of Differences in Computer and Internet Penetration
Menzie D. Chinn and Robert W. Fairlie

North-South Trade and Supervision of the Social Quality of Goods from the South
Jean-Marie Cardebat and Patrice Cassagnard

Are Standards Always Protectionist?
Stephan Marette and John Begin

Joining the World Trade Organization: What is the Impact?
Christopher Balding


Volume 18, Issue 2, May 2010


Contents

Trade Liberalization and Productivity Growth
Paul Segerstrom and Peter Gustafsson

Market Integration, Choice of Technology and Welfare
Jørgen Drud Hansen and Jørgen Ulff-Møller Nielsen

Quotas, Spillovers and the Transfer Paradox in an Economy with Tourism
Chi-Chur Chao, Bharat R. Hazari and Eden S. H. Yu

Trade Liberalization or Oil Shocks: Which Better Explains Structural Breaks in International Trade Ratios?
Suleiman Abu-Bader and Aamer S. Abu-Qarn

Sources of Exchange Rate Movements in Japan: Is the Exchange Rate a Shock-absorber or a Source of Shock?
Lian An and Yoonbai Kim

Outsourcing and the Heckscher-Ohlin Model
Ravi Batra and Hamid Beladi
International Bank Portfolios: Short- and Long-Run Responses to Macroeconomic Conditions
Sven Blank and Claudia M. Buch

Estimating Import Demand Function in Developing Countries: A Structural Econometric Approach with Applications to India and Sri Lanka
M. Shahe Emran and Forhad Shilpi

Investment Liberalization and Cross-border Acquisitions: the Effect of Partial Foreign Ownership
Serena Fatica
An Absorption Approach to Modeling the US Current Account
Juann H. Hung  and Edward N. Gamber

Shaken, Not Stirred: The Impact of Disasters on International Trade
Martin Gassebner, Alexander Keck and Robert The

Current Account Imbalances and Foreign Investment: A Theoretical Analysis of Interrelationships and Causalities
Sajal Lahiri and A.K.M. Mahbub Morshed

Would NAFTA have been approved by the House of Representatives under President Bush? Presidents, parties, and trade policy
Christopher Sean Patrick Magee

International Market Access and Poverty in Argentina
Guido Porto

Non-homothetic Preferences and International Trade
Jeffrey J. Reimer and Thomas W. Hertel


Volume 18, Issue 3, August 2010


Contents

Competing to Outsource in the South
Laixun Zhao and Makoto Okamura

FDI, Technology Spillovers and Wages|
Dieter M. Urban

Foreign Aid, Wage Inequality and Welfare for a Small Open Economy with Tourism
Chi-Chur Chao, Jean-Pierre Laffargue and Pasquale M. Sgro

Technology Diffusion through Trade with heterogeneous Firms
Bulent Unel

The Red-Green Channel Dilemma: Customs Declaration and Optimal Inspection Policy
Gideon Yaniv

Trade, Strategic Environmental Policy and Global Pollution
Akihiko Yanase

Trade Agreements and Trade Opportunities: A Flexible Approach for Modelling Australian Export and Import Elasticities
Kevin J. Fox, Ulrich Kohli and Alice Shiu

Fragmentation and Welfare in Monopolistic Competition
Morihiro Yomogida

Accounting for China-US Trade Imbalance: An Ownership-Based Approach
Yiping Xu, Guijun Lin and Huayu Sun

Profit Share and Partner Choice in International Joint Ventures
Litao Zhong and Sajal Lahiri

Factor Substitution and Relative Factor Prices
Hikari Ban

Wage Inequality, Increased Competition and Trade Liberalization: Shortrun vs Longrun
Sajid Anwar

Trade Liberalization, Firm Selection and Variety Growth
Itai Agur



Volume 18, Issue 4, September 2010

 


Contents

Exports versus FDI in German Manufacturing: Firm Performance and Participation in International Markets
Jens M. Arnold and Katrin Hussinger

Should Small Countries Fear Deindustrialization?
Ai-Ting Goh and Tomasz Kamil Michalski

On the Complementarity of Equilibrium-Exchange Rate Approaches
Agnès Bénassy-Quéré, Sophie Béreau and Valérie Mignon

Intellectual Property Rights and Entry into a Foreign Market: FDI versus Joint Ventures
Dermot Leahy and Alireza Naghavi

Trade, Migration and Inequality in a World without Factor Price Equalization
Paul Oslington and Isaac Towers

Do Custom Union Members Engage in More Bilateral Trade than Free Trade Agreement Members?
Jayjit Roy

Outsourcing of Unionized Firms and the Impact of Labor market Policy Reforms
Erkki Koskela and Ronnie Schöb

North-South Integration and the Location of Foreign Direct Investment
Ayça Tekin-Koru and Andreas Waldkirch

A Calibrated Trade Model of Agglomeration
Paul Friesen and Stephen Kosempel

On the Stationarity of Current Account Deficits in the European Union
Mark J. Holmes, Jesús Otero and Theodore Panagiotidis

Nonlinear Exchange Rate Adjustment in the Enlarged Euro Zone: Evidence and Implications for Candidate Countries
Nikolaos Giannellis and Athanasios P. Papadopoulos

Competition Policy as Strategic Trade with Differentiated Products
Martino De Stefano and Marc Rysman

Why the Lens Condition Cannot Imply Factor Price Equalization*
Ling Qi


Volume 18, Issue 5, November 2010

Contents

Exchange Rate Policy and Liability Dollarization: What do the Data Reveal about Causality
Pelin Berkmen and Eduardo Cavallo

Anti-Dumping Regulations: Anti-Competitive and Anti-Export
David R. Collie and Vo Phuong Mai Le

Peripheral Tasks Are Offshored
Fumio Dei

The Loss from Trade under International Cournot Oligopoly with Cost Asymmetry
Baomin Dong and Lasheng Yuan

The Gains from Trade in a Cournot–Nash Trading Equilibrium
Murray C. Kemp

Innovation, Imitation, and Intellectual Property Rights with International Capital Movement
Yoshifumi Okawa

Understanding the relationship between financial development and monetary policy
Luis Carranza, Jose E. Galdon-Sanchez and Javier Gomez-Biscarri

Business Cycle Covement and Labor market Institutions: An Empirical Investigation
Raquel Fonseca, Lise Patureau and thepthida Sopraseuth

Does the Protection of Foreign Intellectual property Rights Stimulate Innovation in the US?
Huayang Yu and Larry Qiu

ISO Standards: A Certificate to Expand Exports? Firm-Level Evidence from Argentina
Christian Volpe Martincus, Sebastián Castressana and Tomás Castagnino

Endowments, Specialization, and Policy
Olivier Cadot and Yuliya Shakurova

Productivity, the Terms of Trade, and the Real Exchange Rate: Balassa-Samuelson Hypothesis Revisited
Ehsan U. Choudhri and Lawrence L Schembri

Is Mexico a Lumpy Country?
Andrew B. Bernard, Raymond Robertson and Peter K. Schott

Who trades with Whom? Exploring the Links Between Firm’s International Activities, Skills and Wages.
Francesco Serti, Chiara Tomasi, Antonello Zanfei

Trade-induced unemployment: How much do wecare?
Yoto V. Yotov

Unemployment of Skilled and Unskilled Labor in an Open Economy:  International Trade, Migration and Outsourcing
Richard A. Brecher and Zhiqi Chen

A public choice approach to strategic and non-strategic environmental policy
Stefan Csordás

Bilateral and Third-Country Exchange Rate Effects on Multinational Activity
Hartmut Egger, Peter Egger and Michael Ryan
Globalisation and the Inequality-Unemployment Trade-off
Joël Hellier and Nathalie Chusseau

Partial and General Equilibrium Measures of Trade Restrictiveness
Peter Lloyd and Donald MacLaren

Domestic versus External Borrowing and Fiscal Policy in Emerging Markets
Garima Vasishtha

 

RIE, Volume 19, Issue 1, February 2011


Contents

Market Size and Firm Location in a Service Industry
Hiroshi Kurata, Takao Ohkawa and Makoto Okamura

The Structure of the American Economy
Eric O’N. Fisher and Kathryn G. Marshall

Why are Trade Agreements Regional?
Ben Zissimos

Special section: 20 Years of Transition in Central and Eastern Europe: Money, Banking and Financial Markets

Introduction
Guglielmo Maria Caporale and Roman Matousek

Growth and Crisis in Transition: A Comparative Perspective
Fabrizio Coricelli and Mathilde Maurel

Inflation in the New EU Member States
Alexander Mihailov, Fabio Rumler and Johann Scharler

Fractional Integration of Nominal Exchange Rates: Evidence from CEECs in the light of EMU Enlargement
Carlos P. Barros, Luis Gil-Alana and Roman Matousek

From Peg to Float: Exchange Market Pressure and Monetary Policy in the Czech Republic

David M. Kemme and Gennady Lyakir

The Role of Banks in Monetary Policy Transmission: Empirical Evidence from Russia
Tuuli Juurikkala, Alexei Karas and Laura Solanko

Do Financial Systems Converge?
Angelos A. Antzoulatos, Ekaterini Panopoulou and Chris Tsoumas

Global Integration of Central and Eastern European Financial Markets: The Role of Economic Sentiments
Ansgar Belke, Joscha Beckmann and Michael Kühl

Stock Market Integration between three CEECs, Russia and the UK
Guglielmo Maria Caporale and Nicola Spagnolo

Foreign News and Spillovers in Emerging European Stock Markets
Jan Hanousek and Evžen Kočenda

EU Banks Rating Assignments: Is There Heterogeneity Between New And Old Member Countries?
Guglielmo Maria Caporale, Roman Matousek and Chris Stewart


Volume 19, Issue 2, May 2011


Contents

A Two-Country Game of Competition Policies
Makoto Yano and Takakazu Honryo

Uncovered Interest parity: Cross-Sectional Evidence
Byung-Joo Lee

International Bias and the Sector Bias: New Empirical Evidence
Daniel Horgos

Creating Backward Linkages from Multinationals: Is There a Role for Financial Incentives?
Holger Görg, Aoifef Hanley and Eric Strobl

Tariff, Growth and Welfare
Shun-Fa Lee

The Prospect of Migration, Sticky Wages, and “Educated Unemployment”
Oded Stark and C. Simon Fan

Special Section
Guest Editor: Larry Qiu

Consumer Heterogeneity, Free Trade, and the Welfare Impact of Income Redistribution
Jiandong Ju

Commercial Policy and Foreign Ownership
Jota Ishikawa,             Yoichi Sugita and Laixun Zhao

Division of Labor and Endogenous Comparative Advantage: A Smith-Ricardian Model of International Trade
Zhihao Yu

International R&D Networks
Lei Zu, Baomin Dong, Xin Zhao and Jin Zhang

Export Variety, Revenue, and Productivity in China
Bo Chen

Bilateral trade agreements and the feasibility of multilateral free trade
Kamal Saggi and Halis Murat Yildiz

Is China’s Anti-dumping More Retaliatory than that of the US?
Xiaohua Bao and Larry D. Qiu

Time Preference and Trade Imbalance
Toru Kikuchiand Koichi Hamada

Forming Efficient Free Trade Networks: A Sequential Mechanism
Jin Zhang, Licun Xue and Xiaopeng Yin


Volume 19, Issue 3, August 2011


Contents

One Money, One Market: A Revised Benchmark
Theo S. Eicher and Christian Henn

Analyzing the System of Preferential Tariffs for Least Developed Countries
Alan Green and Harry de Gorter

Differentiated Products, Vertical Related Markets and Optimal Export Policy
Stephen Jui-Hsien Chou

Monopolistic Competition and North-South Trade
Reza Oladi and John Gilbert

Effects of a Free Trade Agreement on the Exchange Rate Pass-Through to Import Prices
Arnoldo López Marmolejo

On Gravity, Specialization and Intra-industry Trade
E. Young Song

Sudden Flight and True Sudden Stops
Alexander D. Rothenberg and Francis E. Warnock

Trade Policy and Antitrust: Do Consumers Matter to Legislators?
Robert M. Feinberg, Thomas A. Husted and Kara M. Reynolds

Does Outsourcing Always Benefit Skilled Labor?
Kuang-Chung Hsu

Offshore Outsourcing and Productivity: Evidence from Japanese Firm-level Data Disaggregated by Tasks
Banri Ito, Eiichi Tomiura and Ryuhei Wakasugi

Environmental Regulation: An Incentive for Foreign Direct Investment
Bouwe R. Dijkstra, Anuj Joshua Mathew and Arijit Mukherjee

Intra-Industry Trade Liberalization: Why Skilled Workers are More Likely to Support Free Trade
Eugene Beaulieu, Michael Benarroch and James D. Gaisford

Who trades with Whom? Exploring the Links Between Firms’ International Activities, Skills and Wages

Francesco Serti, Chiara Tomasi, Antonello Zanfei

Volume 19, Issue 4, September 2011

 


Contents

Product market integration, rents and wage inequality
Torben M. Andersen

Measuring Vertical Specialization:  the Case of China
Judith M. Dean, Kwok-Chiu Fung and Zhi Wang

Quality of Labour Markets in a Developing Country
Fumio Dei

Trade Intermediation and the Organization of Exporters
Gabriel Felbermayr and Benjamin Jung

Exchange Rate Policy and Sovereign Spreads in Emerging Market Economies
Inci Gumus

Welfare Effects of Tariff Reduction Formulas
Jan Guldager Jørgensen and Philipp J.H. Schröder

Sectoral Capital-Labor Ratios and Total Factor Productivity: Evidence From Asia
Vikas Kakkar and Isabel K.M. Yan

Software Provision and the Impact of Market Integration
Kazumichi Iwasa and Toru Kikuchi

Paths of Development and Wage Variations
Kozo Kiyota

A New Test of the Real Interest Rate Parity Hypothesis: Bounds Approach and Structural Breaks
George Bagdatoglou and Alexandros Kontonikas

Multinational Firms and Labor Market Pooling
Mario Larch and Wolfgang Lechthaler

The Common Component in Forward Premiums: Evidence from the Asia-Pacific Region
Jun Nagayasu

The Dark Side of the Generalized System of Preferences
Bernhard Herz and Marco Wagner

International Outsourcing and Unemployment in a Minimum-Wage Economy
Ting Zhang

 

Book Reviews
Kimberly Clausing

Kent Jones
Volume 19, Issue 5, November 2011

Contents

Structural Breaks and the Equilibrium Chinese Yuan/US Dollar Real Exchange Rate: A PEER Approach
Kefei You and Nicholas Sarantis

Making Sense of Safeguards
James C Hartigan

Impacts of Tariffs on Productivity
Tuan Anh Luong

FDI Policy, Greenfield Investment and Cross-border Mergers
Larry D. Qiu and Shengzu Wang

Another Look at the Underlying Cause of the End of the Bretton Woods System: International Price Differences Perspective
Yukio fukumoto

Monetary Integration in East Asia: Evidence from Real Effective Exchange Rates
Wei Sun and Gerald Simons

The Byrd Amendment as Facilitating a Tacit International Business Collusion
Yoshitomo Ogawa and Yoshiyasu Ono

The Vulnerability of Asean+3 Countries to International Financial Crises
Celine Gimet

The Welfare Synergy of Bundling International Environmental Agreements with International Trade Treaties
Bidisha Lahiri

The Immigration Policy Puzzle
Paolo E. Giordani and Michele Ruta

Minimum Quality Standards and International Trade
Kenneth Baltzer

How Elastic is East Asian Demand for Consumption Goods?
Willem Thorbecke

European integration and inequality among countries: a lifecycle income analysis
José M. Pastor and Lorenzo Serrano

Trade Liberalization and Technology Diffusion
Kurt A. Hafner

Book Review
The Gravity Model in International Trade. Advances and Applications
Edited by Peter A.G. Van Bergeijk and Steven Brakman
Sucharita Ghosh