We employ the structural model of trade and investment from Anderson, Larch and Yotov (2017) in order to quantify the impact of Foreign Direct Investment (FDI) and trade liberalization on exports and real GDP per capita in the Asia-Pacific region. Using a dataset of 89 countries for 2011, which...

The paper discusses similarities and differences between past EU binding internal liberalization "across the board" in the industrial sector and present so-called voluntary sectoral liberalization of member states of the Asia-Pacific Economic Cooperation (APEC). While both approaches are...

The paper evaluates the feasibility of sectoral liberalization of environmental goods for the Asia-Pacific Economic Cooperation (APEC). Using the model originally developed by Wonnacott, it argues for the liberalization of goods predominantly supplied by APEC members, thereby minimizing the free...

In 1993, the Asia-Pacific Economic Cooperation (APEC) published a report containing recommendations that recognized the economic interdependence and economic diversity of APEC economies and welcomed the challenge to achieve free trade in the Asia-Pacific. This came to be known as the "Bogor...

This study attempts to empirically determine if the spaghetti bowl phenomenon (hereinafter referred to as the SBP) exists among the 21 member APEC trade bloc. The SBP phenomenon claims that the crisscrossing of multiple free trade agreements (FTAs) of a country with partner economies can lead to...