• Article  

      Gains from trade in used goods: Evidence from automobiles 

      Clerides, Sofronis (2008)
      I investigate the welfare effects of trade liberalization by exploiting a natural policy experiment in the economy of Cyprus. A 1993 law relaxed import restrictions on used vehicles and enabled the importation of second-hand ...
    • Article  

      Quality standards for used durables: An indirect subsidy? 

      Clerides, Sofronis; Hadjiyiannis, Costas (2008)
      We construct a theoretical framework to study the impact of quality standards for used durable goods on trade flligatureows, profiligaturets and consumer welfare. We show that asymmetric quality standards generate trade ...