Strategic Trade, Competitive Industries and Agricultural Trade Disputes (2007)
Kyle Bagwell, Robert W. Staiger
The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these predictions emerge in a natural three-country extension of the traditional...
Bagwell, Kyle, Staiger, Robert W.
What do trade negotiators negotiate about? There are two distinct theoretical approaches in the economics literature that offer an answer to this question: the terms-of-trade theory and the...
Bagwell, Kyle, Staiger, Robert W.
What do trade negotiators negotiate about? There are two distinct theoretical approaches in the economics literature that offer an answer to this question: the terms-of-trade theory and the...
Enforcement, private political pressure and the GATT/WTO escape clause (2005)
Bagwell, Kyle, Staiger, Robert W.
We consider the design and implementation of international trade agreements when: (i) negotiations are undertaken and commitments made in the presence of uncertainty about future political pressures;...
Enforcement, private political pressure and the GATT/WTO escape clause (2005)
Bagwell, Kyle, Staiger, Robert W.
We consider the design and implementation of international trade agreements when: (i) negotiations are undertaken and commitments made in the presence of uncertainty about future political pressures;...
Will international rules on subsidies disrupt the world trading system? (2005)
Bagwell, Kyle, Staiger , Robert W.
We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new disciplines on subsidies that were...
Will international rules on subsidies disrupt the world trading system? (2005)
Bagwell, Kyle, Staiger, Robert W.
We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new disciplines on subsidies that were...
The case for auctioning countermeasures in the WTO (2004)
Bagwell, Kyle, Mavroidis, Petros C., Staiger, Robert W.
A major accomplishment of the Uruguay Round of GATT negotiations in creating the World Trade Organization (WTO) was the introduction of new dispute settlement procedures. These procedures were...
Backward stealing and forward manipulation in the WTO (2004)
Bagwell, Kyle, Staiger, Robert W.
Motivated by the structure of WTO negotiations, we analyze a bargaining environment in which negotiations proceed bilaterally and sequentially under the most-favored-nation (MFN) principle. We...
The case for tradable remedies in WTO dispute settlement (2004)
Bagwell, Kyle, Mavroidis, Petros C., Staiger, Robert W.
It has been almost two years since the process leading to the reform of the Dispute Settlement Understanding (DSU) was initiated. The Ministerial Conference in Doha provided the legal mandate...
The case for auctioning countermeasures in the WTO (2004)
Bagwell, Kyle, Mavroidis, Petros C., Staiger, Robert W.
A major accomplishment of the Uruguay Round of GATT negotiations in creating the World Trade Organization (WTO) was the introduction of new dispute settlement procedures. These procedures were...
Backward stealing and forward manipulation in the WTO (2004)
Bagwell, Kyle, Staiger, Robert W.
Motivated by the structure of WTO negotiations, we analyze a bargaining environment in which negotiations proceed bilaterally and sequentially under the most-favored-nation (MFN) principle. We...
The case for tradable remedies in WTO dispute settlement (2004)
Bagwell, Kyle, Mavroidis, Petros C., Staiger, Robert W.
It has been almost two years since the process leading to the reform of the Dispute Settlement Understanding (DSU) was initiated. The Ministerial Conference in Doha provided the legal mandate (§30)...
Protection and the Business Cycle (2003)
Bagwell, Kyle, Staiger, Robert W.
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Protection and the Business Cycle (2003)
Bagwell, Kyle, Staiger, Robert W.
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Protection and the Business Cycle (2003)
Bagwell, Kyle, Staiger, Robert W.
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Protection and the Business Cycle (2003)
Bagwell, Kyle, Staiger, Robert W.
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Bagwell, Kyle, Staiger, Robert W.
In this paper, we present research that speaks to the purpose and design of GATT. The paper proceeds in three basic steps. We first discuss the major theoretical approaches to the study of trade...
Multilateral trade negotiations, bilateral opportunism and the rules of GATT/WTO (2002)
Bagwell, Kyle, Staiger, Robert W.
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether the value of concessions that a government wins in a current negotiation may be...
Bagwell, Kyle, Staiger, Robert W.
In this paper, we present research that speaks to the purpose and design of GATT. The paper proceeds in three basic steps. We first discuss the major theoretical approaches to the study of trade...
Multilateral trade negotiations, bilateral opportunism and the rules of GATT/WTO (2002)
Bagwell, Kyle, Staiger, Robert W.
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether the value of concessions that a government wins in a current negotiation may be...
An Economic Theory of GATT (1998)
Kyle Bagwell, Robert W. Staiger
Despite the important role played by GATT in the world economy, economists have not developed a unified theoretical framework that interprets and evaluates the principles that form the foundation of...
The Simple Economics of Labor Standards and the GATT (1998)
Kyle Bagwell, Robert W. Staiger, Jel Nos F
How should the issue of domestic labor standards be handled in the GATT/WTO? This question is part of a broader debate over the appropriate scope of international economic institutions such as the...
Domestic Policies, National Sovereignty and International Economic Institutions (1998)
Kyle Bagwell And, Kyle Bagwell, Robert W. Staiger
To what extent must nations cede control over their economic and social policies if global efficiency is to be achieved in an interdependent world? This question is at the center of the debate over...
An Economic Theory of GATT (1997)
Bagwell, Kyle, Staiger, Robert W.
Despite the important role played by GATT in the world economy, economists have not developed a unified theoretical framework that interprets and evaluates the principles that form the foundation of...
Bagwell, Kyle, Staiger, Robert W.
We present a framework for understanding and interpreting reciprocity and nondiscrimination, the two principles that are the pillars of the multilateral trading system as embodied in GATT and its...
Regionalism and Multilateral Tariff Cooperation (1996)
Bagwell, Kyle, Staiger, Robert W.
We consider a three country world in which each country's import market is served by competing exporters from it's two trading partners. We assume that weak multilateral enforcement mechanisms...
An interpretation of the factor content of trade (1988)
Deardorff, Alan V., Staiger, Robert W.
This paper shows that the factor content of trade can be used to indicate effects of trade on relative factor prices. Factor prices in two trading equilibria can be compared by comparing instead...
A discounting framework for regulatory impact analysis (1985)
Staiger, Robert W., Richardson, Barbara C.
This article presents a methodology designed to facilitate the systematic comparison of alternative discounting procedures for the costs and benefits of industrial regulatory activity. A discounting...
National Sovereignty in an Interdependent World
Kyle Bagwell, Robert W. Staiger
What are the sovereign rights of nations in an interdependent world, and to what extent do these rights stand in the way of achieving important international objectives? These two questions rest at...
Enforcement, Private Political Pressure and the GATT/WTO Escape Clause
Kyle Bagwell, Robert W. Staiger
We consider the design and implementation of international trade agreements when: (i) negotiations are undertaken and commitments made in the presence of uncertainty about future political pressures;...
Kyle Bagwell, Robert W. Staiger
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was nearly prevented by disputes in the Uruguay Round of GATT negotiations over the...
Multilateral Tariff Cooperation during the Formation of Customs Unions
Kyle Bagwell, Robert W. Staiger
We study the implications of customs union formation for multilateral tariff cooperation. We model cooperation in multilateral trade policy as self-enforcing, in that it involves balancing the...
Differences in the Uses and Effects of Antidumping Law Across Import Sources
Robert W. Staiger, Frank A. Wolak
This paper studies the differences in the uses and effects of U.S. antidumping law on imports and domestic output across the major regions exporting to the United States. We attempt to characterize...
Trade Liberalization and Trade Adjustment Assistance
We explore the relationship between trade adjustment subsidies and successful reciprocal trade liberalization. We consider economies that are faced with a periodic need to move resources out of a...
Multilateral Tarriff Cooperation During the Formation of Regional Free Trade Areas
Kyle Bagwell, Robert W. Staiger
We explore the impact of the formation of regional free trade agreements on the ability of countries to maintain low cooperative multilateral tariffs. We assume that countries can not make binding...
HOWSE, ROBERT, STAIGER, ROBERT W.
The WTO Anti-Dumping (AD) Agreement requires that anti-dumping duties be reviewed at least every five years (Article 11.3); pursuant to this requirement, domestic trade authorities in the US are...
Will International Rules on Subsidies Disrupt the World Trading System?
Kyle Bagwell, Robert W. Staiger
We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new subsidy disciplines that were...
The Role Of Export Subsisies When Product Quality Is Unknown
Kyle Bagwell, Robert W. Staiger
We explore in this paper the role of export subsidies when goods arriving from foreign countries are initially of unknown quality to domestic consumers, who learn about their quality only through...
Adverse Selection in Credit Markets and Infant Industry Protection
This paper considers the role for infant industry protection when credit markets suffer from adverse risk selection. We show that asymmetric information about firm-specific risk leads to...
The Sensitivity of Strategic and Corrective R&D Policy in Battles for Monopoly
Kyle Bagwell, Robert W. Staiger
We characterize the strategic and corrective role for R&D subsidies in an export market where R&D is an uncertain process and where the winner of the R&D competition monopolizes the market....
The Sensitivity of Strategic and Corrective R&D Policy in Oligopolistic Industries
Robert W. Staiger, Kyle Bagwell
We evaluate the sensitivity of the case for an R&D subsidy in an export sector when the outcome of R&D is uncertain and when the resulting product market is oligopolistic. Investments in R&D are...
The Effect of Domestic Antidumping Law in the Presence of Foreign Monopoly
Robert W. Staiger, Frank A. Wolak
We consider the effects of antidumping law when utilized by competitive domestic petitioners against a foreign monopolist. The foreign monopolist must set capacity before the realization of random...
Heckscher-Olin Theory and Non-Competitive Markets
This paper derives statements of the Heckscher-Ohlin Theorem which remain valid in the presence of market power. Following Helpman (1 984a), the paper explores restrictions on permissible trade...
Sectoral Shocks and Structural Unemployment
Michael H. Riordan, Robert W. Staiger
When current employers rave more information about worker quality than to potential employers, sectoral shocks cause structural unemployment. That is, some workers laid off from an injured sector...
Compositional Effects of Government Spending in a Two-Country Two-SectorProduction Model
Steven N. Durlauf, Robert W. Staiger
This paper explores the impact of changes in the composition of government spending on the level of relative prices, interest rates and the current account in a two country, two period...
Strategic Use of Antidumping Law to Enforce Tacit International Collusion
Robert W. Staiger, Frank A. Wolak
We consider the impact of domestic antidumping law in a two-country partial equilibrium model where domestic and foreign firms tacitly collude in the domestic market. Firms engage in an infinitely...
Kyle Bagwell, Robert W. Staiger
In this paper, we present research that speaks to the purpose and design of GATT. The paper proceeds in three basic steps. We first discuss the major theoretical approaches to the study of trade...
Multilateral trade negotiations, bilateral opportunism and the rules of GATT/WTO
Kyle Bagwell, Robert W. Staiger
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether the value of concessions that a government wins in a current negotiation may be...
Kyle Bagwell, Robert W. Staiger
The authors propose a unified theoretical framework within which to interpret and evaluate the foundational principles of GATT. Working within a general equilibrium trade model, they represent...
Bagwell, Kyle, Staiger, Robert W
This paper proposes a theory that predicts low levels of protection during periods of "normal" trade volume coupled with episodes of "special" protection when trade volumes surge. This dynamic...
Discretionary Trade Policy and Excessive Protection.
Staiger, Robert W, Tabellini, Guido
This paper proposes a positive theory of tariff formation based on the idea that the optimal trade policy may be time inconsistent. A benevolent government, with redistributive goals, may have an...
Kyle Bagwell, Robert W. Staiger
Can the World Trade Organization (WTO) contribute to the attainment of sound labor and environmental policies? An answer requires an understanding of WTO rules. We argue that the purpose of WTO rules...
The Sensitivity of Strategic and Corrective R&D Policy in Battles for Monopoly.
Bagwell, Kyle, Staiger, Robert W
The authors characterize the role for R&D subsidies in export markets where R&D is an uncertain process and the winner of the R&D competition monopolizes the market. Investments are assumed to induce...
The case for tradable remedies in WTO dispute settlement
Bagwell, Kyle, Mavroidis, Petros C., Staiger, Robert W.
In response to concerns over the efficacy of the WTO dispute settlement system, especially in regard to its use by developing countries, Mexico has tabled a proposal to introduce tradable remedies...
Canada Measures Affecting the Importation of Dairy Products and the Exportation of Milk
JANOW, MERIT E., STAIGER, ROBERT W.
This paper summarizes and critically reviews the dispute brought before the World Trade Organization (WTO) concerning Canada Measures Affecting the Importation of Dairy Products and the Exportation...
HOWSE, ROBERT, STAIGER, ROBERT W.
This arbitration on the level of countermeasures, pursuant to Dispute Settlement Understanding (DSU) 22.6, originates from findings against the United States with respect to a provision of the 1916...
Some Remarks on Reforming WTO AD/CVD Rules
In these remarks, I argue that a plausible reason that anti-dumping actions are so widely abused for protectionist purposes is that they represent a rare instance of essentially unilateral actions...
The case for auctioning countermeasures in the WTO
Petros C. Mavroidis, Kyle Bagwell, Robert W. Staiger
A major accomplishment of the Uruguay Round of GATT negotiations in creating the World Trade Organization (WTO) was the introduction of new dispute settlement procedures. These procedures were...
Backward stealing and forward manipulation in the WTO
Kyle Bagwell, Robert W. Staiger
Motivated by the structure of WTO negotiations, we analyze a bargaining environment in which negotiations proceed bilaterally and sequentially under the most-favored-nation (MFN) principle. We...
What do trade negotiators negotiate about? Empirical evidence from the World Trade Organization
Kyle Bagwell, Robert W. Staiger
What do trade negotiators negotiate about? There are two distinct theoretical approaches in the economics literature that offer an answer to this question: the terms-of-trade theory and the...
Enforcement, Private Political Pressure and the Gatt/Wto Escape Clause
Kyle Bagwell, Robert W. Staiger
We consider the design and implementation of international trade agreements when: (i) negotiations are undertaken and commitments made in the presence of uncertainty about future political pressures;...
Will international rules on subsidies disrupt the world trading system?
Kyle Bagwell, Robert W. Staiger
We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new disciplines on subsidies that were...
Robert W. Staiger, Alan V. Deardorff, Robert M. Stern
The authors consider the relationship between the factor content of Japanes e and American foreign trade and examine empirically whether discrepa ncies between the Heckscher-Ohlin theoretical...
Strategic Export Subsidies and Reciprocal Trade Agreements: The Natural Monopoly Case
Kyle Bagwell, Robert W. Staiger
Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT? With existing arguments, it is possible to understand GATT's restrictions on...
Reciprocal Trade Liberalization
Kyle Bagwell, Robert W. Staiger
Why have governments found reciprocal trade agreements such as GATT to be a more effective means of facilitating trade liberalization than unilateral initiatives? We provide in this paper an analytic...
Protection and the Business Cycle
Kyle Bagwell, Robert W. Staiger
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Collusion Over the Business Cycle
Kyle Bagwell, Robert W. Staiger
We present a theory of collusive pricing in markets subject to business cycle fluctuations. In the business cycle model that we adopt, market demand alternates stochastically between fast-growth...
Miltilateral Tariff Cooperation During the Formation of Customs Unions
Kyle Bagwell, Robert W. Staiger
We study the implications of customs union formation for multilperation. We model copperation in multilateral trade policy as self-enforcing, in that it involves balancing the current gains from...
Multilateral Tariff Cooperation During the Formation of Free Trade Areas
Kyle Bagwell, Robert W. Staiger
We explore the impact of the formation of regional free trade agreements on the ability of countries to maintain low cooperative multilateral tariffs. We assume that countries can not make binding...
The case for tradable remedies in WTO dispute settlement
Petros C. Mavroidis, Kyle Bagwell, Robert W. Staiger
It has been almost two years since the process leading to the reform of the Dispute Settlement Understanding (DSU) was initiated. The Ministerial Conference in Doha provided the legal mandate to do...
Strategic Trade, Competitive Industries and Agricultural Trade Disputes
Kyle Bagwell, Robert W. Staiger
The primary predictions of strategic-trade theory are not restricted to imperfectly competitive markets. Indeed, these predictions emerge in a natural three-country extension of the traditional...
Multilateral Tariff Cooperation during the Formation of Free Trade Areas.
Bagwell, Kyle, Staiger, Robert W
The authors consider the impact of the formation of free-trade agreements on multilateral tariff cooperation. They assume that countries are limited to self-enforcing multilateral arrangements that...
Sectoral Shocks and Structural Unemployment.
Riordan, Michael H, Staiger, Robert W
When current employers have more information about worker quality than do potential employers, sectoral shocks cause structural unemployment. That is, some workers laid off from an injured sector...
Trade Liberalization and Trade Adjustment Assistance
We explore the relationship between trade adjustment subsidies and successful reciprocal trade liberalization. We consider economies that are faced with a periodic need to move resources out of a...
Collusive Pricing with Capacity Constraints in the Presence of Demand Uncertainty
Robert W. Staiger, Frank A. Wolak
We explore the response of collusive prices to changing demand conditions when firms operate under capacity constraints in the presence of demand uncertainty. We find support for the conventional...
Domestic Policies, National Sovereignty, And International Economic Institutions
Kyle Bagwell, Robert W. Staiger
To what extent must nations cede control over their economic and social policies if global efficiency is to be achieved in an interdependent world? This question is at the center of the debate over...
The Effects of Protection on the Factor Content of Japanese and American Foreign Trade.
Staiger, Robert W, Deardorff, Alan V, Stern, Robert M
Data on pre-Tokyo Round tariffs and ad valorem approximations of nontariff barriers are used in the Michigan Computational Model of World Production and Trade to calculate changes in commodity trade...
Offshoring and the Role of Trade Agreements
Pol Antrà s, Robert W. Staiger
The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing features of offshoring introduce novel reasons for trade policy intervention?...
On the Role and Design of Dispute Settlement Procedures in International Trade Agreements
Giovanni Maggi, Robert W. Staiger
Formal economic analysis of trade agreements typically treats disputes as synonymous with concerns about enforcement. But in reality, most WTO disputes involve disagreements of interpretation...
Organized Labor and the Scope of International Specialization
This paper examines the interaction between union wages and the international pattern of production and trade. If union goods are heterogeneous in labor intensity, the introduction of an active union...
Private Cost Information and the Multinational Enterprise
Kyle Bagwell, Robert W. Staiger
This paper explores the informational role of plant location decisions for the multinational enterprise. When information about costs is incomplete, the location of a plant will be chosen not only...
Rules and Discretion in Trade Policy
Robert W. Staiger, Guido Tabellini
We argue in this paper that the second-best nature of trade-policy intervention makes it likely that the issue of time consistency viii be an important consideration in determining both the extent...
Kyle Bagwell, Robert W. Staiger
This paper proposes a theory that predicts low levels of protection during periods of "normal" trade volume coupled with episodes of "special" protection when trade volumes surge. This dynamic...
Rules versus Discretion in Trade Policy: An Empirical Analysis
Robert W. Staiger, Guido Tabellini
We test empirically for evidence that government tariff-setting behavior depends on the degree of discretion with which policy-makers are endowed. We do this by studying government tariff choices...
A Theory of Gradual Trade Liberalization
This paper proposes a theory of gradual trade liberalization. I consider countries that are limited to self-enforcing arrangements in their trade relations. I argue that enforcement problems...
Measuring Industry Specific Protection: Antidumping in the United States
Robert W. Staiger, Frank A. Wolak
This paper provides estimates of the trade impacts of U.S. antidumping law and the determinants of suit filing activity from 1980-1985. We study three possible channels through which the threat or...
International Rules and Institutions for Trade Policy
What are the potential benefits from establishing international rules for the conduct of trade policy and how should these rules be designed? These questions are of central importance to the...
Collusion over the Business Cycle
Kyle Bagwell, Robert W. Staiger
We present a theory of collusive pricing in markets subject to business cycle fluctuations. In the business cycle model that we adopt, market demand alternates stochastically between fast-growth...
Protection and the Business Cycle
Kyle Bagwell, Robert W. Staiger
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
Reciprocal Trade Liberalization
Kyle Bagwell, Robert W. Staiger
Why have governments found reciprocal trade agreements such as GATT to be a more effective means of facilitating trade liberalization than unilateral initiatives? We provide in this paper an analytic...
Strategic Export Subsidies and Reciprocal Trade Agreements: The Natural Monopoly Case
Kyle Bagwell, Robert W. Staiger
Why do governments seek restrictions on the use of export subsidies through reciprocal trade agreements such as GATT? With existing arguments, it is possible to understand GATT's restrictions on...
Regionalism and Multilateral Tariff Cooperation
Kyle Bagwell, Robert W. Staiger
We consider a 3 country world in which each country's import market is served by competing exporters from its 2 trading partners. We assume that weak multilateral enforcement mechanisms prevent...
Reciprocity, Non-discrimination and Preferential Agreements in the Multilateral Trading System
Kyle Bagwell, Robert W. Staiger
and non-discrimination, the two principles that are the pillars of the multi- lateral trading system as embodied in GATT and its successor, the WTO. We show that GATT's principle of reciprocity...
Kyle Bagwell, Robert W. Staiger
Despite the important roel played by GATT in the world economy, economist have nto developed a unified theoretical framework that interprets and evaluates the principles that form the foundation of...
Multilateral Trade Negotiations, Bilateral Opportunism and the Rules of GATT
Kyle Bagwell, Robert W. Staiger
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether the value of concessions that a government wins in a current negotiation may be...
Domestic Policies, National Sovereignty and International Economic Institutions
Kyle Bagwell, Robert W. Staiger
To what extent must nations cede control over their economic and social policies if global efficiency is to be achieved in an interdependent world? This question is at the center of the debate over...
Strategic Trade, Competitive Industries and Agricultural Trade Disputes
Kyle Bagwell, Robert W. Staiger
The primary predictions of strategic-trade theory are not restricted to imperfectly-competitive markets. Indeed, these predictions emerge in a natural three-country extension of the traditional...
Kyle Bagwell, Robert W. Staiger
We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion proceeds in three steps. First, we examine the purpose of a trade agreement. In...
The Case for Auctioning Countermeasures in the WTO
Kyle Bagwell, Petros C. Mavroidis, Robert W. Staiger
A prominent problem with the WTO dispute settlement procedures is the practical difficulty faced by small and developing countries in finding the capacity to effectively retaliate against trading...
Backward Stealing and Forward Manipulation in the WTO
Kyle Bagwell, Robert W. Staiger
Motivated by the structure of WTO negotiations, we analyze a bargaining environment in which negotiations proceed bilaterally and sequentially under the most-favored-nation (MFN) principle. We...
What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization
Kyle Bagwell, Robert W. Staiger
What do trade negotiators negotiate about? There are two distinct theoretical approaches in the economics literature that offer an answer to this question: the terms-of-trade theory and the...
Trade Agreements as Endogenously Incomplete Contracts
Henrik Horn, Giovanni Maggi, Robert W. Staiger
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. In spite of its simplicity, the model yields rich predictions on...
Kyle Bagwell, Robert W. Staiger
c) negotiated commitments can be implemented only if they are self-enforcing. We thus consider the design of self-enforcing trade agreements among governments that acquire private information over...
Organized Labor and the Scope of International Specialization.
This paper examines the interaction between union wages and the international pattern of production and trade. If union goods are heterogeneous in labor intensity, the introduction of an active union...
"Currency Manipulation" and World Trade
Robert W. Staiger, Alan O. Sykes
Central bank intervention in foreign exchange markets may, under some conditions, stimulate exports and retard imports. In the past few years, this issue has moved to center stage because of the...
Profit Shifting and Trade Agreements in Imperfectly Competitive Markets
Kyle Bagwell, Robert W. Staiger
When markets are imperfectly competitive, trade policies can alter the terms of trade, shift profits from one country to another, and moderate or exacerbate existing distortions that are associated...
The Economics of the World Trading System
Kyle Bagwell, Robert W. Staiger
World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international...
Staiger, Robert W., Wolak, Frank K.
International Relations/Trade,
Breach, Remedies and Dispute Settlement in Trade Agreements
Giovanni Maggi, Robert W. Staiger
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy...
Kyle Bagwell, Robert W. Staiger
We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent developments in the relevant theoretical and empirical literature. And we describe...
Delocation and Trade Agreements in Imperfectly Competitive Markets
Kyle Bagwell, Robert W. Staiger
We consider the purpose and design of trade agreements in imperfectly competitive environments featuring firm-delocation effects. In both the segmented-market Cournot and the integrated-market...
Breach, Remedies and Dispute Settlement in Trade Agreements
Giovanni Maggi, Robert W. Staiger
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy...
Protection and the Business Cycle
Kyle Bagwell, Robert W. Staiger
Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical...
The Economics of Trade Agreements in the Linear Cournot Delocation Model
Kyle Bagwell, Robert W. Staiger
Existing theories of trade agreements suggest that GATT/WTO efforts to reign in export subsidies represent an inefficient victory for exporting governments that comes at the expense of importing...