Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages … are both national (such as equity market run-ups that preceded the crisis) and, critically, international financial and … exports to the United States is exposed to an American downturn through a real channel. Despite the fact that we use a wide …

the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 …The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no … end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on …

equity markets; international imbalances and foreign reserve adequacy; macroeconomic policies; and institutional and …

I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General … Agreement on Tariffs and Trade (GATT) has increased the stability and predictability of trade flows. I use a large dataset … covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT …

investigate whether exports are in fact systematically associated with diplomatic representation abroad. I use a recent cross …-section of data covering 22 large exporters and 200 import destinations. Bilateral exports rise by approximately 6-10% for each …

This Paper estimates the effect on international trade of multilateral trade agreements: the World Trade Organization … (WTO), its predecessor the Generalized Agreement on Tariffs and Trade (GATT), and the Generalized System of Preferences … (GSP) extended from rich countries to developing countries. I use a standard ‘gravity’ model of bilateral merchandise trade …

success; small countries are more open to international trade than large countries, but are not systematically different … of a country's institutions, heterogeneity, and a number of different international indices and rankings. I have little …

This Paper uses 67 measures of trade policy and trade liberalization to ask if membership in the World Trade … Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is associated with more liberal trade … policy. Almost no measures of trade policy are significantly correlated with GATT/WTO membership. Trade liberalizations, when …

Does leaving a currency union reduce international trade? We answer this question using a large annual panel data set … dissolutions; they experienced economically and statistically significant declines in bilateral trade, after accounting for other … in bilateral trade. …