Jayathilaka, Ruwan; Keembiyahetti, Nandasiri - In: South Asia Economic Journal 10 (2009) 1, pp. 1-30
This study examines the economic and non-economic factors governing the decision of forming Free Trade Agreements (FTAs) between two non-zero trading partners by estimating a Probit model using 9,178 country pairs having 705 active and operational bilateral FTAs. This study works on the implied...