This paper attempts to forecast the EU-Romania trade using the gravity approach developed in Ferragina, Giovannetti and Pastore (2005). The trade potential of Romania with five EU members (France, Germany, Italy, Spain and UK) is computed using an “out-of-sample” methodology for the period...

This paper aims to evaluate the trade potential of manufactured products between the members of the EU25 in the threshold of its Eastern enlargement. We estimate, for 2002, a cross-section gravity model, whose coefficients will be used to project the “natural” trade relations between them....

South-Eastern European (SEE) countries have recently engaged in a regional integration process, through the establishment of free trade agreements between themselves and with the European Union (EU). This study evaluates the impact of this process on trade and firm performance. Three...

A new method for measuring trade potential from border effects is developed and applied to manufactured trade between the old fifteen European Union (EU) members and twelve Central and East European (CEE) economies. Border effects are estimated with three theoretically compatible trade...

A new method for measuring trade potential from border effects is developed and applied to manufactured trade between the old fifteen European Union (EU) members and twelve Central and East European (CEE) economies. Border effects are estimated with three theoretically compatible trade...

The paper identifies the features and determinants of Kazakhstan's foreign trade with other members of the Customs Union of Russia, Kazakhstan and Belarus (CU), and estimates the degree of utilization of its trade potential for 1995-2011. The participation in the CU has led to an increase of...

This paper aims to evaluate the trade potential of manufactured products between countries belonging to the EU in the threshold of its Eastern enlargement. For this purpose we use a Gravity model which is estimated with a Poisson Pseudo-Maximum Likelihood Method. We extend the specification of...

To become operational, the African Continental Free Trade Area (AfCFTA) must harmonize Rules of Origin (ROO) across Africa's Preferential Trade Agreements (PTAs) along two dimensions: regime-wide rules and product-specific rules. This paper describes and evaluates these ROO across the major...

We study how domestic content requirements in Free Trade Areas (FTAs) affect market power and market structure in concentrated intermediate goods markets. We show that content requirements increase oligopolistic markups beyond the level that would obtain under an equivalent import tariff, and we...

While exports of clothing from Africa to the United States responded impressively to the preferences they were granted under the African Growth and Opportunity Act (AGOA), this performance was not accompanied by some of the more dynamic benefi ts that might have been hoped for. Benefi ciary...