This paper studies the dynamics of trade reorientation experienced when a country joins a regional trade bloc. We find that the joining country's trade orientation toward bloc countries typically rises along an 'S'-shaped path. We estimate the size, speed, and timing of this adjustment path for...

Researchers from different fields have attempted to explain regional integration using different theories and analytical tools. These theories and analytical tools typically visualize the regional integration process from the perspective of a single discipline, usually economics but also...