Alschner, Wolfgang; Seiermann, Julia; Skougarevskiy, Dmitriy - 2017
This paper proposes a new method to predict the impact of preferential trade agreements (PTAs) on trade and welfare … trade agreements notified to the WTO, we first construct an indicator comparing existing PTAs to the TPP in terms of textual … similarity. In a second step, we include this indicator into a gravity model of international trade in order to estimate the …