In March 2013, the EU and Japan launched negotiations for a comprehensive free trade agreement (FTA). The EU also …. Striking is, however, the outstanding pace of the new trade deals among traditional trading powers. Our paper addresses the … trade relations. It concludes that the recent push for FTAs by the big trading powers is a rapid means of mutual market …

protectionism as expected. Nevertheless, numerous countries have adjusted their trade policies during the financial crisis to … incidence of the newly introduced trade restrictive measures. Starting from a brief overview of the current situation in the … global economy, the paper highlights the main trends in the recent evolution of trade protectionism. It takes stock of the …

negative shock to the global economy that is comparable with the Great Depression of the 1930s. International trade suffered a … historical collapse in 2009, but trade flows quickly rebounded thereafter. And unlike the Great Depression of the 1930s, the … in many countries’ trade policies during the crisis and, hence, a quite notable increase in the incidence of …

latest and most relevant developments and highlight the prospects for global trade governance. The focus is on three major … regional trade agreements (RTAs) and their wider impact; and (3) the positive results of continued unilateral trade …, despite improved prospects for multilateral trade liberalization following the last WTO Ministerial Conference, the world …

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …

We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and … measure of the change in bilateral trade costs in response to a hypothetical policy change. To demonstrate the effectiveness … of our methods, we focus on the integration between the countries from the Central European Free Trade Agreement (CEFTA …

1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy …, including the 1932 Ottawa trade agreements. Rather than use a dummy variable approach, we compute the impact of individual … tariffs which varied substantially across goods, trade partners, and time. We develop a novel method of controlling for …

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …

-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing …-biased effect estimates due to the distribution of trade-policy events during an event window as well as due to anticipation (pre …

The gravity equation is the workhorse model for analysis of bilateral trade flows. Despite solid theoretical … paper focuses on domestic trade flows, and I argue that there are significant benefits from adhering to theory by estimating … gravity equations with domestic (in addition to international) trade flows. To this end, I review the contributions from the …