Do regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a...

Participation in global value chains is a key element in the industrialization strategies of many developing nations. This paper investigates the role of services liberalization in promoting participation in global value chains. Using the gravity framework, it examines the impact of services...

This paper assesses and compares the economic impacts of four actual and potential free trade agreements in the Asia-Pacific Region: the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the original Trans Pacific Partnership, the Regional Comprehensive Economic Partnership,...