Trade policy uncertainty (TPU) has become an important source of economic uncertainty
and research. We review the main sources and measures of TPU. We then provide a …

This article surveys the economics of industrial policy as it relates to the World Trade
Organization (WTO). Motivated by concern that the modern use of industrial policy is …

China is the world's largest official creditor, but we lack basic facts about the terms and
conditions of its lending. Very few contracts between Chinese lenders and their government …

We examine the impact of policy uncertainty on trade, prices, and real income through firm
entry investments in general equilibrium. We estimate and quantify the impact of trade policy …

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

We estimate how a rise in uncertainty about future tariff rates impacts firm decisions to enter
into and exit from export markets. Using Chinese customs transactions between 2000 and …

During the last few decades there has been growing recognition and concern about the
effects of the economy on the natural environment. There has also been a significant …

We present a model where trade agreements are motivated by the desire of governments to
commit vis-à-vis domestic lobbies, in addition to standard terms-of-trade externalities. The …

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 …

We consider a general representation of the delegation problem, with and without money
burning, and provide sufficient and necessary conditions under which an interval allocation …