• ANZUS free trade agreements: results from a global model 

    Winchester, Niven; Richardson, Martin
    When President George W. Bush received ‘fast-track’ trade promotion authority (TPA) in 2002 which, in essence, gives him much greater power to pursue trade negotiations, many economists looked with interest to see where ...
  • Fair trade 

    Richardson, Martin; Stähler, Frank
    This paper deals with the behavior of fair trade organizations in an oligopolistic setting in which the vertically integrated fair trade firm produces a commodity which is a weak substitute for another commodity. Profit-maximizing ...
  • More (or less) on necessarily welfare-enhancing free trade Areas 

    Richardson, Martin; Winchester, Niven
    This note considers the extension of the Kemp-Wan theorem on necessarily welfareimproving customs unions to free trade areas. It suggests that the value of this extension is undermined by its very rationale – the greater ...
  • Unilateral liberalisation in a multilateral world 

    Richardson, Martin
    Recent years have seen a great deal of trade liberalisation worldwide, particularly via the vehicles of regionalism and bilateralism. Certainly, the focus of analysts and policy economists has been firmly on these means ...