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 …