predictions are borne out by our data and discuss their welfare implications in terms of gains from trade. …

This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level …. While in some industries, complementary effects between both kinds of trade liberalization are observed, in others no …

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production …, empirical evidence on South-South trade agreements is limited. The purpose of this paper is to fill this gap in the empirical …, and Uruguay over the period 1985-1998. We find that deepened preferential trade liberalization has fostered a reshaping of …