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 …

-industrial trade in the period 1980- 1997. After accounting for size distance and competitiveness effects, the Andean Community … preferential trade agreements had a significant effect on the reference products but only a marginal effect on the differentiated … products, in particular capital-intensive goods. Mercosur preferential trade agreements had a significant positive effect only …