This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small … one of the large countries. We simulate the model and calculate consumption allocations, prices, trade volume, and tariffs … in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union (CU …

This paper examines various implications of Preferential Trade Agreements (PTAs), namely Customs Unions (CUs) and Free … Trade Areas (FTAs), in the context of a multi-country general equilibrium model based on comparative advantage … with free trade and a non-cooperative Nash equilibria. Utilizing aggregate and disaggregate welfare change measures, we …

The paper explores the trade competitiveness of seven major shrimp exporting countries, namely Vietnam, China, Thailand …

markets and in commodity exporters. Second, it reflects a range of obstacles: weak activity, negative terms-of-trade shocks …

markets and in commodity exporters. Second, it reflects a range of obstacles: weak activity, negative terms‐of‐trade shocks …

negative association between growth and volatility has been preserved during the 1990s, both trade and financial integration … volatility and trade integration is significantly positive. We find a similar, although less significant, result for the … interaction of financial integration with volatility. -- globalization ; international trade and financial linkages …

basic negative association between growth and volatility has been preserved during the 1990s, both trade and financial … interaction between volatility and trade integration is significantly positive. We find a similar, although less significant … as conventional wisdom - that output volatility and growth are negatively correlated. We reexamine this relationship in …