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Border Barometer, Border Policy Research Institute, Western Washington University, University At Buffalo, The State University Of New York, Cross-Border Institute, University Of Windsor
Border Barometer, Border Policy Research Institute, Western Washington University, University At Buffalo, The State University Of New York, Cross-Border Institute, University Of Windsor
Border Policy Research Institute Publications
Running 5,000 miles between two of the world's most interdependent nations, the Canada-U.S. border plays an important role, directly and indirectly, in the lives of millions of North Americans. Whether as separator or seam, obstruction or conduit, the border influences a wide range of economic social interactions. The precise influence depends on a variety of policies and the extent to which those policies facilitate the movement of goods, people, capital, and ideas while ensuring the individual and collective security of the two countries.
Do Not Take Peace For Granted: Adam Smith's Warning On The Relation Between Commerce And War, Maria Pia Paganelli, R. Schumacher
Do Not Take Peace For Granted: Adam Smith's Warning On The Relation Between Commerce And War, Maria Pia Paganelli, R. Schumacher
Economics Faculty Research
Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their perceived cost, and increases the willingness of commercial interests to use wars to extend their markets, increasing the number and prolonging the length of wars. Smith, therefore, cannot assume that trade would yield a peaceful world. While defending and promoting trade, Smith warns us not to take peace for granted.
Did Dr-Cafta Affect The Exports Of The Dominican Republic To The United States?, Maria Ivanova Reyes Peguero, Asger V. Hansen
Did Dr-Cafta Affect The Exports Of The Dominican Republic To The United States?, Maria Ivanova Reyes Peguero, Asger V. Hansen
Economics Faculty Publications
This article evaluates the impact the Dominican Republic and Central America Free Trade Agreement (DR-CAFTA) had on the exports of the Dominican Republic (DR) to the United States. We estimate a gravity model for the DR exports to the 109 trade partners of the country from 1990 to 2014. This model quantifies the effect of the DR-CAFTA since 2007, when the agreement was ratified, and finds that the DR-CAFTA negatively affected DR exports to the US. We conduct further analysis of factors that could explain the decline in exports, in spite of the ratification of the agreement. We find that …