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Record W3007926471 · doi:10.1111/caje.12740

Cross‐retaliation and international dispute settlement

2024· article· en· W3007926471 on OpenAlexaffvenue
Richard Chisik, Chuyi Fang

Bibliographic record

VenueCanadian Journal of Economics/Revue canadienne d économique · 2024
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicInternational Arbitration and Investment Law
Canadian institutionsToronto Metropolitan University
Fundersnot available
KeywordsSettlement (finance)Law and economicsPolitical scienceBusinessEconomics

Abstract

fetched live from OpenAlex

Abstract Although politicians and the popular press often express the desire to link retaliation in trade agreements to non‐trade issues, the WTO discourages and usually disallows cross‐retaliation even among its own agreements. In this paper, we analyze the welfare implications of cross‐retaliation. We compare two different mechanisms in a two‐country two‐sector tariff‐setting political‐economy model with incomplete information. A country may temporarily raise trade barriers in response to political pressure and the extent of this pressure is private information. In a same‐sector retaliation mechanism a safeguard action, or other limited violation of the international trade agreement, is punished by an equivalent suspension of concessions in the sector where the initial deviation takes place. In a linked, or cross‐sector, retaliation mechanism retaliatory actions may be taken in another sector or agreement. We next consider less‐than‐equivalent suspensions of concessions whereby the probability of retaliation is less than unity. We then endogenize this probability and derive its optimal level separately for same‐ and cross‐sector retaliation. We also consider the long‐run viability of these self‐enforcing trade agreements. We show that whether retaliation is certain or probabilistic a cross‐sector retaliation mechanism can generate greater welfare and self‐enforcement capability than a same‐sector mechanism unless export‐oriented political pressure in the cross‐sector targeted for retaliation is high. Although cross‐sector retaliation is usually welfare improving, there may be little additional benefit to extending retaliation to a different agreement.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.021
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.010
Threshold uncertainty score0.034

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0060.021
Meta-epidemiology (narrow)0.0000.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0010.004
Scholarly communication0.0040.003
Open science0.0010.003
Research integrity0.0030.003
Insufficient payload (model declined to judge)0.0100.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.085
GPT teacher head0.203
Teacher spread0.118 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2024
Admission routes2
Has abstractyes

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