, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent …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 …

Geography, economic size, or common history, help predicting signed regional trade agreements (RTAs). However, not all … two mechanisms addressed in this paper. We estimate the time-varying probability for a country pair to sign a trade …

Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on … international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role … in computing general equilibrium trade-flow and welfare effects of trade-cost changes. This paper addresses theoretically …