Based on static analysis, a number of studies argue that forming a RTA is more likely to raise welfare if member countries are natural trading partners,ʺ while other studies claim the opposite. This paper considers the argument from a dynamic viewpoint by examining the impact of trade with...

"Based on static analysis, a number of studies argue that forming a regional trade agreement is more likely to raise welfare if member countries are "natural trading partners," while other studies claim that the opposite is true. Schiff and Wang look at the argument from a dynamic viewpoint by...

Based on static analysis, a number of studies argue that forming a RTA is more likely to raise welfare if member countries are "natural trading partners," while other studies claim the opposite. This paper considers the argument from a dynamic viewpoint by examining the impact of trade with...

Based on static analysis, a number of studies argue that forming a regional trade agreement is more likely to raise welfare if member countries are "natural trading partners," while other studies claim that the opposite is true. Schiff and Wang look at the argument from a dynamic viewpoint by...

May 2000 - Two theories are combined to explain why free trade areas (FTAs) have proliferated more than customs unions (CUs) have, and why FTAs are found more in North-South agreements and CUs in South-South agreements. Schiff combines two theories - one about how multilateral trade...

This paper investigates the effects on total factor productivity (TFP) in the South of technology developed in the North that is diffused through international trade, foreign direct investment (FDI) and international call traffic (telephone communications). For each developing country in the...