Showing 1 - 10 of 213
This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional...
Persistent link: https://www.econbiz.de/10005263932
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10005263990
Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport...
Persistent link: https://www.econbiz.de/10005768946
Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and … of these PTAs, discusses their characteristics and implementation, and assesses their potential effects. Realizing the … potential gains from Asia-Pacific PTAs requires a commitment to liberalize sensitive sectors, to maintain consistent provisions …
Persistent link: https://www.econbiz.de/10005599528
We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American...
Persistent link: https://www.econbiz.de/10005263690
Trade theories covering Preferential Trade Agreements (PTAs) are as diverse as the literature in search of their … PTAs on trade flows we show that the analysis must be comprehensive: it must control for Trade Creation and Diversion as … well as all possible PTAs. Several prominent control variables are also shown to be robustly related to Trade Creation …
Persistent link: https://www.econbiz.de/10005263980
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10005264015
This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for some member countries of the Commonwealth of...
Persistent link: https://www.econbiz.de/10005769132
South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade...
Persistent link: https://www.econbiz.de/10005769302
and are generally lower than those of preferential trade agreements (PTAs). Our revised benchmark can be used as a …
Persistent link: https://www.econbiz.de/10008528645