Free Trade Agreements and the Movement of Business People

Thierry Mayer, Hillel Rapoport () and Camilo Umana-Dajud
Additional contact information
Camilo Umana-Dajud: CEPII, Paris

No 16789, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Using provisions to ease the movement of business visitors in trade agreements, we show that removing barriers to the movement of business people promotes trade. We document the increasing complexity of Free Trade Agreements and develop an algorithm that combines machine learning and text analysis techniques to examine the content of FTAs. We use the algorithm to determine which FTAs include provisions to facilitate the movement of business people and whether these are included in dispute settlement mechanisms. We show that provisions facilitating business travel are effective in promoting them and eventually increase bilateral trade flows.

Keywords: business travel; text analysis; machine learning; free trade agreements; migration (search for similar items in EconPapers)
JEL-codes: F13 F22 F23 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2024-02
New Economics Papers: this item is included in nep-big, nep-cmp and nep-int
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Published - published in: Journal of Economic Geography, 2025, 25 (1), 93–126

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https://docs.iza.org/dp16789.pdf (application/pdf)

Related works:
Working Paper: Free Trade Agreements and the movement of business people (2025)
Working Paper: Free Trade Agreements and the movement of business people (2025)
Working Paper: Free Trade Agreements and the movement of business people (2025)
Working Paper: Free Trade Agreements and the movement of business people (2024)
Working Paper: Free Trade Agreements and the movement of business people (2024)
Working Paper: Free Trade Agreements and the Movement of Business People (2021)
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