Taking seriously the stylized fact that some countries are more risk averse than others regarding business activities, we examine the consequences on international trade and welfare. When risk is idiosyncratic to each manager's project, international differences in manager's risk-aversion...

Empirical evidence suggests that belonging to an empire favours trade by lowering transaction costs and establishing preferential trade agreements. Does the end of an empire invert this effect, and if so, through which channels? This paper uses an original dataset to explore the impact of...

Since the 1990s, we have seen a proliferation of bilateral trade agreements. Many of these have encompassed topics that are not directly linked to trade, such as political institutions, sustainable development, labour standards or competition policy. The European Union itself is caught up in...

We consider the impact of MERCOSUR on trade among Brazilian states and on trade by Brazilian states with MERCOSUR and the rest of the world. We use a theoretically founded gravity model to shed light on MERCOSUR’s possible creation and diversion effects as well as its “preference erosion”...

While several culprits have been proposed to explain the current trade collapse (e.g. the credit crunch, global production chains, generalised loss of confidence), the great synchronisation underlying the collapse suggests that it is very probably their interaction, rather than each individual...

Nous proposons dans cet article d’étudier les effets de l’AFTA sur le commerce intra-zone de l’ASEAN par une analyse gravitationnelle en panel. Le modèle gravitationnel d’origine est enrichi des variables muettes « zone de libre-échange » qui captent, à la fois, les effets intra et...

Do good institutions foster trade? Many trade agreements, and notably those of the European Union, introduce institutional provisions in addition to strictly free-trade measures. In this article, we are interested in the influence of democracy and the fight against corruption on trade. We use a...

Cet article présente les résultats d’une étude concernant l’impact et les conséquences de l’euro sur les méthodes de gestion des entreprises exportatrices. L’élaboration d’un questionnaire et d’une fiche d’information par entreprise ont permis de constituer une première base...