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Geography, Trade, and Power-Law Phenomena  

Pao-Li Chang and Wen-Tai Hsu

This article reviews interrelated power-law phenomena in geography and trade. Given the empirical evidence on the gravity equation in trade flows across countries and regions, its ... More

Preferential Trade Agreements: Recent Theoretical and Empirical Developments  

James Lake and Pravin Krishna

In recent decades, there has been a dramatic proliferation of preferential trade agreements (PTAs) between countries that, while legal, contradict the non-discrimination principle of the ... More

Trade Agreements: Theoretical Foundations  

Mostafa Beshkar and Eric Bond

Online publication date:
Jul 2019
International trade agreements have played a significant role in the reduction of trade barriers that has taken place since the end of World War II. One objective of the theoretical ... More

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