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Simultaneity Between Trade And Conflict: Endogenous Instruments Of Mass Destruction, Cullen F. Goenner
Simultaneity Between Trade And Conflict: Endogenous Instruments Of Mass Destruction, Cullen F. Goenner
Economics & Finance Faculty Publications
The classical liberal belief is trade, which economically benefits countries, creates ties binding the interests of countries and reduces conflict. While the vast majority of the empirical literature supports this view, recent research questions these findings by also considering the reciprocal relationship between trade and conflict. If conflict also influences trade, then trade is an endogenous right hand side regressor and previous estimates which ignore this are inconsistent. This article determines when one uses appropriate instruments for the endogenous regressors that trade reduces conflict and conflict reduces trade. Failure to use such instruments results in inconsistent estimates and can lead …
Testing A Reconfiguration Of Fast At The Blaine Poe, David L. (David Lindsay) Davidson
Testing A Reconfiguration Of Fast At The Blaine Poe, David L. (David Lindsay) Davidson
Border Policy Research Institute Publications
In prior articles we have described problems with efficacy of the Free and Secure Trade (FAST) trusted-shipper program at the Blaine, Washington, port-of-entry (POE). At Blaine, state and provincial transportation agencies invested in the construction of highway lanes dedicated to FAST trucks, but there has been relatively light usage of those lanes. In a 2009 field study we found that 23 percent of southbound trucks and just 2 percent of northbound trucks used the FAST lanes. Of the southbound FAST traffic, 73 percent of the trucks were empty. Southbound, the FAST lane seems primarily to be a rapid path by …
Cross-Border Freight Flows At The Two Land Borders, David L. (David Lindsay) Davidson, Austin Rose
Cross-Border Freight Flows At The Two Land Borders, David L. (David Lindsay) Davidson, Austin Rose
Border Policy Research Institute Publications
This article provides an overview of the flow of goods between the U.S. and its two NAFTA neighbors, Canada and Mexico. It is the job of border agencies to facilitate these flows, and this article seeks to explain some aspects of the scope of the job. There is much regional variation in the volume and composition of freight flows, and this variety inevitably has implications for border management policies.
Sweet Diversity: Colonial Goods And The Welfare Gains From Trade After 1492, Jonathan Hersh, Hans-Joachim Voth
Sweet Diversity: Colonial Goods And The Welfare Gains From Trade After 1492, Jonathan Hersh, Hans-Joachim Voth
Economics Faculty Articles and Research
When did overseas trade start to matter for living standards? Traditional real-wage indices suggest that living standards in Europe stagnated before 1800. In this paper, we argue that welfare rose substantially, but surreptitiously, because of an influx of new goods as a result of overseas trade. Colonial luxuries such as tea, coffee, and sugar transformed European diets after the discovery of America and the rounding of the Cape of Good Hope. These goods became household items in many countries by the end of the 18th century. We use three different methods to calculate welfare gains based on price data and …