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 …

potential and trade opportunities through regional integration. We analyze the implications of such opportunities using a …

This study examines the dynamic effects of a Free Trade Area of the Americas (FTAA) on the countries within the Western … in saving-investment, capital accumulation, and the linkages between openness in trade and economic growth. The study … finds that the developing countries in the hemisphere may not enjoy welfare gain from an FTAA if they trade more with non …