The focus of this paper is to estimate the effect of the different types of regional trade agreements on the volume of trade between country pairs. The analysis will employ the “empirical workhorse” of international trade; the gravity model. We hypothesize that the deeper agreements have a...

This paper argues that there is a differential behaviour between the richest and the poorest economies in the gravity model framework. Results show that geographical and cultural factors are more important for developing than for developed economies, and a good economic policy in developing...

The focus of this paper is to estimate the effect of the different types of regional trade agreements on the volume of trade between country pairs. The analysis will employ the 'empirical workhorse' of international trade; the gravity model. We hypothesize that the deeper agreements have a stronger...

This paper argues that there is a differential behaviour between the richest and the poorest economies in the gravity model framework. Results show that geographical and cultural factors are more important for developing than for developed economies, and a good economic policy in developing...