using the System Generalized Method of Moment (GMM) approach. Trade and growth are usually positively correlated and capital … formation appears to be an important channel through which trade brings growth. There generally exists a positive relationship …

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

When the Asia Pacific Economic Cooperation (APEC) formally adopted the principle of “open regionalism” (OR) in its … trade liberalization in 1991, many were optimistic that this approach suggested the bloc as a stepping stone toward global … free trade. This optimistic view was reinforced by the economic theorizing of Sang-Seung Yi (1996). This paper shows …

member countries already trade disproportionately with each other. Opponents of the hypothesis claim that the opposite is … true: welfare is likely to be higher if member countries trade less with each other. This paper shows that neither analysis … complementarity or substitutability rather than in terms of volume of trade. …

Rules of origin (RoO) are legitimate policy instruments to prevent trade deflection in a Preferential Trade Agreement … (PTA) short of a customs union. Yet, when captured by special interest groups, RoO can restrict trade beyond what is needed … to prevent trade deflection. By how much do political economy factors account for the stringency of RoO? This study …

Every major regional trade agreement now has a services dimension. Is trade in services so different that we need to …

If South Asia and Sub-Saharan Africa are to become constructively engaged in the next attempt by World Trade … Organization (WTO) members to liberalize trade multilaterally, they need to be convinced that there will be sufficient gains from … trade reform to warrant the inevitable costs of negotiation and adjustment. This paper provides new estimates of the likely …

The Free Trade Area of the Americas FTAA will increase import competition for some forest product industries in Alabama …

is statistically significant and important determinant in explaining variation in trade in Asia. …Recent literature has emphasized the importance of transaction costs and infrastructure in explaining trade, access to … trade integration than import tariffs. By estimating a structural model of economic geography using cross-country data on …