Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....

Standard trade theory suggests that Free Trade Agreements (FTAs) could disrupt trade between members and non-members. However, the trade diversion effects of FTAs have not been thoroughly examined empirically. Using a novel empirical approach, we confirm that FTAs that entered into force...

The current problems of international trade can certainly not be solved by resorting to the arsenal of national trade policies. World-wide economic losses would be the inevitable result. Therefore the first set of tripartite talks between the “major trading powers”, the USA, the EC and...

It has become fashionable in recent times to describe the state of the Western European economies with the word “eurosclerosis”. Is the international competitiveness of these economies really as ailing as this world implies? The following article attempts to answer this question using...

The Gatt Uruguay Round was finally brought to a conclusion in April following long-drawn-out negotiations. What changes are contained in the new agreements? How should we rate these changes? How important will the future World Trade Organization (WTO) be?

The growing importance of regional integration, particularly in the Triad of Western Europe, North America and the Asia-Pacific region, is not always regarded as positive, but is also criticized because of the dangers involved for free world trade. What effects on world trade are to be expected?...

We capitalize on the latest developments in the empirical structural gravity literature to revisit the question of whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non-discriminatory nature of GATT/WTO commitments by measuring the effects...

The Gatt Uruguay Round was finally brought to a conclusion in April following long-drawn-out negotiations. What changes are contained in the new agreements? How should we rate these changes? How important will the future World Trade Organization (WTO) be?

The growing importance of regional integration, particularly in the Triad of Western Europe, North America and the Asia-Pacific region, is not always regarded as positive, but is also criticized because of the dangers involved for free world trade. What effects on world trade are to be expected?...