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This paper presents new data on the content of preferential trade agreements. The data contain detailed information on the 18 policy areas most frequently covered in preferential trade agreements, focusing on the stated objectives, substantive commitments, and other aspects such as transparency,...
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We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
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growth of networks of interdependence within multinational regions of the world. The recent decades arecharacterized by the … fact that the world trade grew faster than world output, which implies that an increasing share of world GDP crosses … economic integration is being created within a few specific regions of the world: Europe, North America and East Asia. …
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The primary objective of the research is to investigate the influence of international integration processes on national welfare. Peculiarities of trade and economic liberalization of trade through mechanism of regional trade agreements (RTA) forming have been scrutinized. Integration, which...
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