Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy.
Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all.
Kyle Bagwell is the Donald L. Lucas Endowed Professor in Economics at Stanford University. He is also a Senior Fellow of the Stanford Center for International Development, a Senior Fellow of the Stanford Institute for Economic Policy Research, and a Research Associate of the National Bureau of Economic Research. A Stanford Ph.D., he has also taught at Columbia University and Northwestern University. Robert W. Staiger is the Roth Family Distinguished Professor in the Arts and Sciences, and Professor of Economics, at Dartmouth College. He is also Editor (with Charles Engel) of the Journal of International Economics, and a Research Associate at the National Bureau of Economic Research.
Volume IA: Part I. Commercial Policy: Empirical Facts, Determinants and Effects 1. The Empirical Landscape of Trade Policy, Bown and Crowely 2. The Political Economy of Commercial Policy, McLaren 3. The Effects of Trade Policy, Goldberg and Pavcnik 4. Quantitative Models of Commercial Policy (programs), Ossa
Part II. Trade Agreements: Legal Background, Purpose and Design 5. Legal Aspects of Commercial Policy Rules, Sykes 6. Dispute Settlement in the WTO: Mind over Matter, Mavroidis 7. The Purpose of Trade Agreements, Grossman 8.The Design of Trade Agreements (Online Appendix), Bagwell & Staiger
Volume IB: Part III. Trade Agreements: Issue Areas 9. Enforcement and Dispute Settlement, Park 10. The Escape Clause in Trade Agreements, Beshkar and Bond 11. Dumping and Antidumping Duties, Blonigen and Prusa 12. Subsidies and Countervailing Duties, Lee 13. Non-Tariff Measures and the World Trading System, Ederington and Ruta 14. Preferential Trade Agreements, Limao 15. Special and Differential Treatment for Developing Countries, Ornelas 16. Trade, Intellectual Property Rights, and the World Trade Organization, Saggi 17. Issue Linkage, Maggi,
Leading economics scholars present, discuss, and investigate how trade agreements and commercial policies adapt and shape globalization
Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years Presents the way in which research on the topic has evolved Scrutinizes the economic modeling of bargaining and legal issues Useful for examining the theory and empirics of commercial policy