correlation is particularly striking for countries belonging to the same deep preferential trade agreement (PTA). We show that … PTAs, for a vast majority of products, trade deflection is not profitable even in the absence of costly rules of origin. …

When President Trump came into office the US administration launched a detailed analysis of American trade relations …. It aimed to identify "unfair trade practices" that are supposedly increasingly being used by other countries, and that … are economically damaging to America. This study simulates potential protectionist trade policies on the part of the USA …

When two countries conclude a free trade agreement (FTA), they define rules of origin (RoOs) to determine whether a … the member with the lowest tariff (trade deflection). However, RoOs distort exporters’ sourcing decisions and burden them … with red tape. Using a global data set, we show that, for 86% of global trade and 78% of bilateral product …

equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …

equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …

Bilateral trade balances often play an important role in the international trade policy debate. Academic economists … understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their … (2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing …

Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade … but also widely heterogeneous across sanctioning countries. Moreover, they depend on the direction of trade. We also …

When two countries conclude a free trade agreement (FTA), they define rules of origin (RoOs) to determine whether a … the member with the lowest tariff (trade deflection). However, RoOs distort exporters' sourcing decisions and burden them … with red tape. Using a global data set, we show that, for 86% of global trade and 78% of bilateral product …