Constantinos Syropoulos

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Sovereign states arm to defend real or hypothetical interests, presumably because they cannot engage in complete, long-term contracting that would prevent such arming. International trade, therefore, takes place within an essentially anarchic context, and we can expect trade regimes and security policies to be related. Indeed , many embargoes, sanctions,(More)
In many economic environments agents make costly and irreversible investments (in``guns'') that may enhance their respective threat payoffs but also shrink the utility possibilities set. In such settings, with variable threats and a variable utility possibilities set, it becomes possible to rank different bargaining solutions in terms of efficiency. We(More)
We construct a three-country model to determine how the formation of free trade areas (FTAs) affects optimal tariffs and welfare. We find that, at constant rest of the world (ROW) tariffs, the adoption of internal free trade induces union members to reduce their external tariffs below the Kemp – Wan [J. Int. Econom. 6 (1976) 95 – 97] level, and causes ROW's(More)
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources (" guns "). Thus, conflict is viewed as ultimately stemming from imperfect property-rights enforcement. When comparing autarky(More)
Keywords: Trade openness Domestic disputes Resource insecurity Peaceful settlement Open conflict Shadow of the future a b s t r a c t We explore the severity of an ongoing dispute over a productive resource within a country that participates in world trade. In addition to arming, the contending groups in our setting choose either to engage in destructive(More)
B.1 Elasticity Estimates: Robustness Checks We perform series of experiments in order to check the robustness of our elasticity estimates from Table 1 of the main text. Table B.1 reports our findings. To obtain the estimates in the first row of the table, Hours of Work, we use relative labor demand and relative wages calculated on the basis of hours spent(More)
This paper examines the impact of reciprocal trade liberalization on collusive conduct between domestic and foreign firms interacting in several markets. In our benchmark model, which deals with a symmetric homogenous-goods oligopoly, we show that in the absence of trade barriers an efficient collusive agreement involves equal division of the market in each(More)
To the extent that technological expertise generates economic rents, it may be in the interest of those who lack it to appropriate it from those who possess it. Similarly, owners of intellectual property may find it desirable to control the degree to which knowledge is diffused. We study these issues in the context of a simple duopoly model in which a(More)