Preference erosion has become an obstacle to multilateral trade liberalization, as beneficiaries of trade preferences …

The pace of trade reforms waned from the mid-2000s as protectionist sentiment began to increase. With the onset of the … global financial crisis, reform progress not only halted but began to reverse. As we show in this note, new trade … restrictions have had—in the limited products they targeted—a strong negative impact on trade. The aggregate impact of new …

This paper provides a framework for understanding trade patterns in the Mashreq. An augmented gravity model is used to … compare actual with expected levels of trade. Trade barriers, political uncertainty, and over-appreciation of domestic … currencies seem to explain low levels of international trade. At the intra-regional level, specific trade barriers between Israel …

This paper investigates how trade flows are being affected by new discriminatory measures implemented during the global … through April 2010 to monthly HS 4-digit bilateral trade data. Our estimation strategy relies on a first-differenced gravity … equation and time-varying fixed effects to disentangle the impact of new discriminatory measures. Trade in exporter …

In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly … show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance … inefficiencies in customs clearance processes, are important in explaining the MENA region's underperformance in trade. …

This paper examines the mechanisms through which output volatility is related to trade openness using an industry …-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to … international trade are more volatile. Second, trade is accompanied by increased specialization. Third, sectors that are more open …

The share of emerging Asia in world trade has increased sharply over the past 25 years. A large part of this increase … is the result of booming intraregional trade. This paper investigates the key factors behind the rapid increase in … intraregional trade among economies in emerging Asia and its implications for the dependency of economies in the region on the …

administration relative to free trade under imperfect competition. It shows that a country importing a good from foreign duopolists … may improve its welfare by setting a quota at the free trade quantity and giving a fraction of the quota licenses to the …

plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the …