We discuss the considerable literature that has developed in recent years providing rigorous
evidence on how industrial policies work. This literature is a significant improvement over …

This chapter surveys empirically the broad features of trade policy in goods for 31 major
economies that collectively represented 83% of the world's population and 91% of the …

This article describes a new fact, then analyzes its causes and consequences: in most
countries, import tariffs and nontariff barriers are substantially lower on dirty than on clean …

A large and growing number of countries participate in multiple preferential trade
agreements (PTAs), which increasingly entail broad cooperation over policies extending far …

The WTO has delivered policy outcomes that are very different from those likely to emerge
out of the recent wave of preferential trade agreements (PTAs). Should economists see this …

In this chapter I survey the recent theoretical and empirical advances in the economics of
international trade agreements, focusing on three main topics: the motives for trade …

We explore conditions under which trade agreements can provide gains by reducing trade
policy uncertainty. Given the degree of income risk aversion, this is more likely when …

Since large carbon emissions are transferred through international trade, it is vital to explore
the role country-specific trade policy has on carbon-intensive industries. The present study …

The world is facing serious environmental problems. Some are local or confined within
countries or regions, such as poor urban air quality in rapidly growing economies, or poor …

This work studies the relationship between trade policy and food prices. We show that when
individuals are loss averse, governments may use trade policy to shield the domestic …