Fontagné, Lionel; Rocha, Nadia; Ruta, Michele; … - 2022
This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We … cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different …, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent …