Cheong, Juyoung; Kwak, Do Won; Tang, Kam Ki - In: World Development 66 (2015) C, pp. 222-236
This paper examines how dissimilarity of partner country characteristics affects the change in trade flows under a preferential trade agreement (PTA). Our results show that the more similar the partner countries are, the larger the increase in intra-bloc trade is under a PTA. Particularly, there...