En este trabajo hemos analizado los efectos de la progresiva implantación de un acuerdo de libre comercio entre Marruecos y la UE sobre las exportaciones de las CCAA españolas a ese país. También nos interesamos por el efecto de la inmigración marroquí en España sobre dichos intercambios...

Economic integration and growth in trade within the Latin American region have created a need for new and major legal developments. In this context, the private sector has emerged as the driving force behind legal initiatives related to trade agreements such as the Andean Pact and MERCOSUR...

This paper applies a partial equilibrium model to analyze the fiscal revenue implications of the prospective economic partnership agreement between the Economic Community of West African States (ECOWAS) and the European Union. The authors find that, under standard import price and substitution...

Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...

This chapter discusses whether and how 'new quantitative trade models' (NQTMs) can be fruitfully applied to quantify the welfare effects of trade liberalization, thus shedding light on the trade-related effects of further European integration. On the one hand, it argues that NQTMs have indeed...

This paper examines whether increasing trade intensity among East Asian countries has led to a synchronization of business cycles. It extends the work of Shin and Wang (2004) in two ways: by (i) improving the specification of their business cycle correlation equation, and (ii) extending the...

Empirical models of trade agreements implicitly assume that withdrawal from a trade agreement has an equal and opposite trade effect as accession, i.e., symmetry. With increasing opposition to international economic cooperation, it becomes urgent to test this assumption. We analyze a...

As East Asia becomes increasing integrated through market-driven trade and FDI, free trade agreements (FTAs) are proliferating. Consodildation of mutiple and overlapping FTAs into a single East Asian FTA can help mitigate the harmful noodle bowl effects of different or competing tariffs,...

This paper presents two empirical tools to quantify the impacts of tariff changes on bilateral trade and welfare. Both tools are rooted in the structural gravity literature. The first tool estimates the impact of tariff changes on bilateral trade for 5,020 products in a partial equilibrium...

Russia's attempts to create a single economic space with other post-Soviet states proceed against the background of these states' engagement with other regional entities, European Union in particular. Liberal scholars argue for mutual complementarity of diverse regional integration arrangements....