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Trade creation and trade diversion in deep agreements (English)

Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. This paper uses new information on the content of preferential trade agreements to examine the trade effects of deep agreements and revisit the classic Vinerian question of trade creation and trade diversion. The results indicate that deep agreements...
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Mattoo,Aaditya; Mulabdic,Alen; Ruta,Michele.

Trade creation and trade diversion in deep agreements (English). Paper is funded by the Strategic Research Program (SRP)|Policy Research working paper|no. WPS 8206 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/208101506520778449

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