This paper formulates an empirical model to estimate the impact of endogenous new RTA membership on trade structure. The likelihood of new RTA membership is influenced by economic fundamentals such as country size, factor endowments and trade and investment costs. In a sample of country-pairs...

Our focus is a preliminary investigation of the link between democratic politics and the stability of globalization in three steps. First, we briefly develop two key distinctions that provide an analytical framework for our discussion. Specifically, we argue that most of the literature on...