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Date: November 25, 2024 Mon
Time: 8:22 pm
Time: 8:22 pm
Results for international trade
2 results foundAuthor: Bandyopadhyay, Subhayu Title: Trade and Terrorism: A Disaggregated Approach Summary: This paper constructs a model of trade consequences of terrorism, where firms in trading nations face different costs arising from two distinct types of terrorist risks - domestic and transnational. Using dyadic dataset in a gravity model, we test these predictions for terrorism's effects on overall trade, exports, and imports, while allowing for disaggregation by primary commodities and manufacturing goods. The latter is also decomposed by skill intensities. In general, the detrimental impact of transnational terrorism on various classes of traded commodities is twice that of domestic terrorism. As a general rule, terrorism's negative influence on trade is greater on imports than on exports. There is also a marked tendency for medium-skilled and high skilled manufacturing sectors to sustain a greater harm from terrorism than labor-intensive or low skilled manufacturing sectors. Details: St. Louis, MO: Federal Research Bank of St. Louis, 2016. 44p. Source: Internet Resource: FRB St. Louis Working Paper No. 2016-1 : Accessed March 9, 2016 at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2737808 Year: 2016 Country: International URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2737808 Shelf Number: 138150 Keywords: International TradeTerrorism |
Author: Efrat, Asif Title: Governing Guns, Opposing Opium: A Theory of Internationally Regulated Goods Summary: The paper examines a significant phenomenon overlooked by the trade literature: internationally regulated goods. Contrary to the general trend of trade liberalization, specific goods, such as drugs, small arms, and antiquities, have come under increasing international control in recent decades through a set of global regulatory agreements. I argue that these goods are unique in that they involve transnational negative externalities. Whereas certain countries benefit from the trade in these goods, the trade inflicts negative effects on other countries. Examples of such negative externalities include fatalities and refugee flows resulting from rampant gun violence, high crime rates associated with widespread drug abuse, and archaeological destruction caused by antiquities looting. The paper develops a theory that first explains why national regulation is insufficient and why international regulation is necessary for curbing these negative externalities. The theory then analyzes why certain governments are strongly in favor of international regulation while others wish to maintain the trade uncontrolled. My analysis locates the sources of governments' conflicting preferences in the domestic political arena and considers how exporters, consumers, and civil society shape governments' views. The final part of the theory examines how the distribution of state power affects the establishment of the regulatory agreements. The paper makes several theoretical contributions by bridging rationalist and non-rationalist accounts of international law and by focusing on international cooperation in the absence of shared interest. Details: Ithaca, NY: Cornell Law School, 2008. 71p. Source: Internet Resource: Cornell Law Faculty Working Papers: Accessed May 4, 2018 at: https://scholarship.law.cornell.edu/clsops_papers/41/ Year: 2008 Country: International URL: https://scholarship.law.cornell.edu/clsops_papers/41/ Shelf Number: 150060 Keywords: Drug Abuse and AddictionGun ViolenceInternational TradeTrade Regulation |