Although trade liberalisation has been linked econometrically and through casual empiricism to large income increases, attempts to quantify its impact in static simulation models have shown small estimated gains. This paper shows that when the endogenous dynamic effects of trade liberalisation...

Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...

Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...