The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …

trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …

In this paper, we revisit the empirical evidence on the relationship between trade openness and long-run economic … reassesses the openness-growth nexus over a much longer sample period, enabling us to better account both trade policy stance and … literature rather than relying on a few proxy variables. We also construct three additional composite trade policy indexes …

rules. Our results highlight how growth matters for the overall effect of opening an economy to more trade, as we find that …