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ID: 108102

Agriculture in the Canada-EU economic and trade agreement / Viju , Crina; Kerr, William A

Kerr, William A	Journal Article
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Publication

2011.

Key Words

Agriculture ; Economic ; Trade Agreement ; Canada - European Union

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ID: 050510

Bioprospecting or biopiracy?: intellectual property and traditi / Isaac, Grant E; Kerr, William A

Isaac, Grant E	Journal Article
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Publication

Jan 2004.

Key Words

Biotechnology ; Biopiracy ; Intellectual Property Right

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ID: 137813

Global economies of scale in the EU-India trade agreement: are they the key to a return to economic growth? / Khorana, Sangeeta; Perdikis, Nicholas ; Kerr, William A

Kerr, William A	Article
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Summary/Abstract

Economies of scale are an alternative source of growth particularly at a time when countries are suffering from global economic malaise. The proposed EU-India free trade agreement holds substantial promise as this will create a combined market of over one and a half billion and generate economies of scale from intra-industry trade, which are likely to be concentrated in manufactured products such as chemicals, machinery and transport equipment. Bold action is needed on the part of politicians in both the EU and India to successfully negotiate the agreement given that this will enable both countries to reap the efficiency gains of global economies of scale, provide a significant competitive advantage over other major economies and deliver the necessary spur to shake both the EU and India out of their current economic stagnation.

Key Words

EU ; India ; Economic Growth ; Trade Agreement ; Global Economies ; EU - India Trade Agreement ;
Current Economic Stagnation

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ID: 121310

Taking an option on the future: subsidizing biofuels for energy security or reducing global warming / Viju, Crina; Kerr, William A

Kerr, William A	Journal Article
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Publication

2013.

Summary/Abstract

This paper examines the biofuels industry from a policy and international trade perspective. Across the globe there are two main public policy objectives driving the development of biofuels industries-improving energy security and reducing global warming. The US and Canadian governments have respectively fostered biofuels industries for these reasons. As biofuels industries will not be financially viable without government support in the foreseeable future, government policies can be interpreted as taking options on the future. A theoretical model is developed using option value theory to determine whether the same governmental policy (subsidization) can lead to different levels of optimal subsidies in each country, where the subsidy policy is driven by two distinct motivating factors. If the reason subsidy levels differ is structural, the likelihood of a trade dispute arising increases.

Key Words

Trade Disputes ; Biofuels ; Option Value Theory

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