A comprehensive empirical investigation is carried out to ascertain the import-reducing effect of trade protection … barriers. We first present a statistical summary of the status of global trade protection. Then, based on a monopolistic … competition trade model and 1994 cross-country data on trade barriers, trade flows, and production, we estimate the import …

The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has … estimates). Subramanian and Wei (2007) address multilateral resistance comprehensively to report strong WTO trade effects for … allowing for individual trade effects of PTAs. WTO effects vanish and remain insignificant throughout once multilateral …

This paper provides an update on the main elements of the reform agenda concerning the CEMAC trade regime as well as a … tentative quantitative assessment of selected effects on tariff revenues and trade patterns. Notwithstanding data limitations …. Finally, there is a strong case for tariff reduction, with or without an EPA. Trade liberalization would help boost economic …

This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices … of trade on relative wages. …

American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and … trade diversion went hand in hand; for the Central American Common Market (CACM) and the Andean Community, the evidence … points to trade diversion only. We also find that trade among neighboring countries has increased since the early 1990s. The …

This paper estimates a gravity model to address the issue of whether intra-Arab trade is too little. Although gravity … models have been extensively used to measure bilateral trade among countries, they have—to the best of our knowledge …—never been used to measure intra-Arab trade. Our results suggest that intra-Arab trade and Arab trade with the rest of the world …

Trade theories covering Preferential Trade Agreements (PTAs) are as diverse as the literature in search of their … the empirical strategy, we report clear evidence of Trade Creation, Trade Diversion, and Open Bloc effects. After … controlling for natural trading partner effects, Trade Creation is weaker - except for the EU. To calculate the actual effects of …

Congo's vital dependence on trade for development stands in contradiction with its trade policy. As a member of the … CEMAC, Congo's tariff scheme at least formally is guided by CEMAC's 1994 trade regime agreement. This paper shows CEMAC … quantitative and qualitative barriers to trade applied by Congo that render its current regime complex, nontransparent, and …

Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countriesâ …€™ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor …