The Political Economy of Preferential Trade Agreements: An Empirical Investigation
(2021)
Journal Article
Facchini, G., Silva, P., & Willmann, G. (2021). The Political Economy of Preferential Trade Agreements: An Empirical Investigation. Economic Journal, 131(640), 3207-3240. https://doi.org/10.1093/ej/ueab044
We develop a political economy model to study the decision of representative democracies to join a preferential trading agreement (PTA), distinguishing between free trade areas (FTA) and customs unions (CU). Our theoretical analysis shows that bilate... Read More about The Political Economy of Preferential Trade Agreements: An Empirical Investigation.