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 …

The paper examines Greek external trade following accession to the EU, placing emphasis on the 1990s. Using original … disaggregated data we find: (i) Mutually offsetting, stable trade creation/trade diversion in imports from EU and third countries … losses, more pronounced in the 1990s, especially in sectors where Greece holds a comparative advantage (i.e. trade surplus …