The Regional Comprehensive Economic Partnership (RCEP) presents strong potential to mold regional trade and investment patterns well into the future and to influence the direction of global economic cooperation at a challenging time. This paper evaluates the RCEP and estimates its potential...

To explore the concept of connectivity and trade relativity (CTR), this paper presents a research model to illustrate: (1) the impact of shipping connectivity on two types of trade flows, and (2) the mediating effect of intra-regional trade ("intra-trade") on the relationship between shipping...

We provide a quantitative assessment of both the aggregate and the distributional effects of revoking NAFTA using a multi-country, multi-sector, multi-factor model of world production and trade with global input-output linkages. Revoking NAFTA would reduce US welfare by about 0.2%, and Canadian...