With the creation of the World Trade Organization (WTO) in 1995, the pyramidal design of the international trading system placed multilateralism at the top of the pyramid, regionalism/bilateralism in the middle, and the domestic trade and economic policies of WTO Member States at the bottom of...

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...

Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral trade and investment. Indian exports which were subject...

The computable general equilibrium model has become the workhorse tool for assessing the impacts of bilateral trade liberalization. This paper draws on recent experience within Foreign Affairs and International Trade Canada in modeling the impacts of potential free trade agreements with various...

Although the extant literature on agricultural trade analyzes the effects of various factors on agricultural trade, only a limited number of studies focus on the role of institutional quality and institutional quality distance on agricultural trade particularly between developing countries...

The main purpose of this study is to determine the impact of RTAs (Regional Trade Agreement) on the trade relation between the member and the non member countries of the agreement and also to determine the winners and losers in this relatively new form of trade. In order to establish this impact...

We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators - which closely reflect the Trade Facilitation Agreement negotiated at the Bali WTO Ministerial Conference of December 2013 - we show that trade facilitation in a given...