This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research …

of subregional and bilateral trade agreements. This paper analyzes the recent trends and patterns and nature of regional … trade and cooperation agreements (RTCAs) in Asia and associated problems and prospects. It also attempts to understand the … for the emergence of new regional trade in blocs of several subregional groupings …

interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the …This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … source country deviates from the reported import value in the destination country. Analyzing 4-digit product level data for …

past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …

provide a new quantitative welfare measure by dividing the manufacturing sector into import and export sub-sectors. We then … surprisingly, that the gains to the import sector are larger than the gains to the export sector. Moreover, the size and the …

This paper examines the role of international trade for job polarization, the phenomenon in which employment for high … show that import competition is a major cause of job polarization. Import competition with China accounts for about 17% of …

We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … 2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face …

We examine Chinese-US trade flows over the 1994-2012 period, and find that, in line with the conventional wisdom, the … value of China’s exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively … reduce China’s trade balance. The use of alternative exchange rate measures and data on different trade classifications …

export price data combined with data on 32 WTO (World Trade Organization) accessions by developing countries and hundreds of …This paper uncovers new stylized facts on the relation between economic integration and world trade prices. Using … new PTAs (Preferential Trade Agreements), we show that a country's membership in trade agreements is associated with an …

for just a few, often only one to three, years. In this paper, I examine empirically the duration in German import trade … large trade value and a low elasticity of substitution; and for trade pairs that command a large share of the German import …International trade patterns at the product level are surprisingly dynamic. The majority of trade relationships exist …