Free Trade Agreements and Environment for Sustainable Development: A Gravity Model Analysis

International Trade, the Environment and Sustainable Development

Contents 1. Introduction 2. The impact of international trade on economic welfare 3. The interaction between international trade, the environment and sustainable development: traditional theoretical approaches 3.1. The impact of environmental quality on international trade 3.2. The impact of international trade and international trade policy on the environment and environmental policies 3.3. Im...

The Gravity Model and Iran's Trade Flows

This article has considered the volume and direction of Iran’s trade using the gravity model. The major issue in this analysis is to explore why Iran over or under-traded with the 76 countries relative to the predicted trade flows of the model. The study attempts to explore the reasons from the respect of both the model itself and Iran’s trade structure. This is done by analysing the performanc...

Human, Environment and Sustainable Development

ANZUS Free Trade Agreements: Results from a Global Model

A political-economic analysis of free-trade agreements: Comment

By Xuepeng Liu Abstract: In his paper in the American Economic Review, Levy (1997) develops a political economy model of free-trade agreements (FTAs). He emphasizes that the homotheticity restriction of the production function assumed for the differentiated product is crucial for his model. This comment shows that this homotheticity assumption is unnecessary and actually problematic. It is prob...