scholarly journals The Political Economy of Free Trade Agreements: an Empirical Investigation

2008 ◽  
Vol 23 (2) ◽  
pp. 237-271 ◽  
Author(s):  
Xuepeng Liu
Keyword(s):  
Political Economy ◽  
Free Trade ◽  
Empirical Investigation ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The Political

scholarly journals Do Free Trade Agreements Affect Tariffs of Nonmember Countries? A Theoretical and Empirical Investigation

2018 ◽  
Vol 10 (3) ◽  
pp. 128-170 ◽  
Author(s):  
Kamal Saggi ◽  
Andrey Stoyanov ◽  
Halis Murat Yildiz
Keyword(s):  
Free Trade ◽  
Empirical Investigation ◽  
Free Trade Agreements ◽  
Trade Diversion ◽  
Trade Agreements ◽  
Terms Of Trade ◽  
External Trade ◽  
Trade Data ◽  
Industry Level ◽  
The World

We investigate the effects of free trade agreements (FTAs) on tariffs of nonmember countries. In our multi-country model, the formation of an FTA leads members to reduce their exports to the rest of the world. Such external trade diversion weakens the ability of nonmembers to manipulate their terms of trade vis-à-vis FTA members, a mechanism that induces them to lower their tariffs on FTA members. We empirically confirm this insight using industry-level trade data for 192 importing and 253 exporting countries, along with information on all FTAs formed in the world during 1989–2011. (JEL F13, F14)

scholarly journals Introduction To U.S. Free Trade Agreements

2016 ◽  
Vol 5 (2) ◽  
pp. 299-314 ◽  
Author(s):  
David A. Gantz
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The United States ◽  
Regional Trade Agreements ◽  
The Political ◽  
Trade Policies ◽  
Regional Trade ◽  
Economic Considerations

Abstract This introduction explores the historical changes in the trade policies of the United States (U.S.), namely, the shift from the support of multilateral rules to the embracement of regional trade agreements and provides an overview of the political and economic considerations behind the conclusion of the major U.S. free trade agreements.

scholarly journals On The Viability of A Multilateral Trade Agreement: A Political-Economy Approach

1970 ◽  
Vol 27 (1) ◽  
pp. 53-74
Author(s):  
Danilo Trupkin
Keyword(s):  
Political Economy ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreement ◽  
Trade Agreements ◽  
Multilateral Trade ◽  
Big Picture ◽  
Functional Forms ◽  
Multilateral Trade Liberalization ◽  
Political Economy Approach

The big picture issue this paper intends to address is on the incentive aspectsof a multilateral trade liberalization. The paper builds on a framework originallyintroduced in Grossman and Helpman's The Politics of Free-Trade Agreements(1995). The aim of that work was to explain the viability of free trade agreements(FTAs) between two countries in a political-economy framework. A simple extensionto a three-country setting allows us to analyze whether FTAs are "buildingblocs" or "stumblirig blocs." An illustration with specific functional forms serves tofind conditions under which FTAs are, somehow, partial building blocs, i.e., a bilateral liberalizationcan be feasible when multilateral liberalization is not.

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