How often are propositions on the effects of regional trade agreements theoretical curiosa?

Lisandro Abrego, Raymond Riezman and John Whalley
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Lisandro Abrego: IMF, Brazil
John Whalley: University of Warwick, United Kingdom and University of Western Ontario, Canada and NBER, United States

Chapter 9 in International Trade Agreements and Political Economy, 2013, pp 129-148 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on regional trade agreements may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather than to restrict assumptions so they unambiguously hold. Our aim is to blend theory and numerical simulation and go beyond the ambiguous analytically derived propositions that dominate the theoretical literature so as to assess the likelihood of propositions holding for particular model specifications.

Keywords: International Trade; Political Economy; Theory of International Free Trade Agreements; Customs Unions; Tariff Dynamics; Storable Votes (search for similar items in EconPapers)
Date: 2013
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Journal Article: How often are propositions on the effects of regional trade agreements theoretical curiosa? (2006)
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