Urata, Shujiro; Okabe, Misa - In: The World Economy 37 (2014) 2, pp. 267-289
type="main" xml:id="twec12099-abs-0001" <title type="main">Abstract</title> <p>This paper examines the impacts of regional trade agreements (RTAs) on trade flows at product level, with a particular focus on trade creation and diversion. Based on estimation of the gravity equation, dealing with the zero trade flows and...</p>