We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....

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...

This study maps out the degree of liberalization of trade in services under four ASEAN n frameworks. After constructing a database showing the existence of limitations on market access and/or national treatment by each service sector, the study finds that the commitment level differs greatly...

This paper quantifies the economic implications of reducing barriers to services trade in the context of the Trade in International Services Agreement (TISA) using an extension of the GTAP model which incorporates a dynamic mechanism, a MONASH-style investment function, and disaggregated...

In the framework of the new round of trade liberalization launched in Doha, paragraph 13 of the Development Declaration states that members will support special and differential treatment to accommodate development, including food security. This paper simulates scenarios of multilateral tariff...

The rise of mega-regionals such as the Regional Comprehensive Economic Partnership (RCEP) and the Trans-Pacific Partnership (TPP) suggests that the world trade system is fragmenting to the point it appears more like a jigsaw puzzle than a spaghetti bowl. There are both regional and global jigsaw...

This paper examines the historical record of eight recent free trade agreements (FTAs). It also investigates the predictive power of two popular quantitative world trade models-the single-equation gravity model and the multiequation computable general equilibrium (CGE) model-as applied to three...