since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics …The proposed Transatlantic Trade and Investment Partnership (TTIP) is the most significant trade policy initiative … estimated general equilibrium trade model. Assuming that the TTIP will reduce transatlantic trade costs by as much as existing …

trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration … of economic integration agreements (EIAs) on members’ trade may be biased upward owing to inadequate control for … intranational trade); we find evidence of this bias using a properly specified gravity equation. Second, our novel methodology …

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 …

The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade … Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … effects on trade flows by treating the agreement variable as endogenous. Our theoretical framework is the gravity model, and …

of the freeness-of-trade variable is ambiguous. Because the latter is an indicator for integration in the world markets …We study the effect of international trade and freeness of trade (openness) on interregional inequality within … on weighted trade shares and trade costs. In addition to the standard trade-to-GDP ratio, we derive and propose an …

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high … 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 …

world. This raises the issue of the relationship between economic and political integration. The theoretical model shows … that, in an insecure world, the interplays between security and economic forces shape the decision to form a regional … or common market, whereas international insecurity deters the formation of preferential and free trade agreements …

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

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 …