Arcand, Jean-Louis; Olarreaga, Marcelo; Zoratto, Laura - C.E.P.R. Discussion Papers - 2011
stronger political motivation are more trade creating than agreements that are signed for pure market access / economic reasons …The recent theoretical literature on the determinants of trade agreements has stressed the importance of political … gains, such as credibility, as a rationale for trade agreements. The empirical literature, however, has lagged behind in the …