In the wake of the impasse in the Doha Development Round (DDR) of multilateral trade talks, a number of countries have been looking at alternative ways to advance their trade agendas – one of which involves the negotiation of plurilateral trade…
Portfolio investors during 1880–1914 were motivated by the prospect of higher (ex-ante) expected returns and the search for diversification. At the London stock exchange, such overseas portfolios also realised higher (ex-post) returns than domestic…
This paper analyses the overall effect of Non-Tariff Measures (NTMs) on firms in Tunisia, with a particular attention paid to small and medium-sized enterprises (SMEs). It draws a precise view of NTMs effects on firms’ imports as well as on firms’…
We develop a theoretical model and derive conditions under which firms with market power try to influence the setting of quality standards and describe the political equilibrium. We show that in political equilibrium the positive association only…
The main purpose of this paper is to examine the offshore regime in Tunisia and to assess the overall effects of this export promoting strategy for the years 2002-2014. Using firm-level data, we look in particular at its impact on turnover,…