This paper examines the theoretical and empirical grounds for trade liberalisation. We note
that many of the conventional arguments relating to the static and dynamic gains from …

We relax the standard assumption in the strategic trade policy literature that governments
possess complete information about the economy. Assuming instead that governments must …

Asymmetric information is a classic example of market failure that undermines the efficiency
associated with perfectly competitive market outcomes: the" lemons" market. Credible …

Asymmetric information is a classic example of market failure that undermines the efficiency
associated with perfectly competitive market outcomes, as goods or services are not always …

Consider a monopolist that is selling a high quality product when the quality is unknown to a
fraction of the consumers. If the quality cannot be signaled and the fraction is sufficiently …

This paper examines the impact of exporting countries' reputations for product quality on
aggregate trade flows. Using a Bayesian learning model, I construct a measure of exporter …

International trade in agricultural and food products remains one of the most sensitive issues
in the commercial relations of nations. For agricultural products, the principal traditional …

This dissertation studies the determinants of global trade patterns and strategic tariff
negotiation in trade policy. The first essay examines why firms and countries indirectly export …

Consider a new export market in which firms can invest in quality but may fail to achieve
quality. Quality of the export good, then, varies across firms, having endogenous (whether to …

This dissertation considers three problems related to the issue of asymmetric information.
The first problem is that of increased information in markets with unknown quality. I show that …