Free Trade, Economic Integration and Nationhood

The Gains of Economic Integration: Substantive Evidence for an Australia-Korea Free Trade Agreement

Abstract On 6 December 2006, Australia and Korea announced a joint study on a possible Australia-Korea free trade agreement (AKFTA) to promote trade and economic relations between the two countries. The paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. Significantly, it uses a new economic policy modelling approach, the endogenous grav...

Trade disputes, quality choice, and economic integration

Recent work demonstrates the importance of developing high quality output in order to compete in export markets and other recent studies verify the prevalence of fixed and ongoing trade costs while participating in those markets. I consider the joint choice of quality and export promotion costs when trade relationships are subject to temporary disputes. When transparency is low and macroeconomi...

the gains of economic integration: substantive evidence for an australia-korea free trade agreement

abstract on 6 december 2006, australia and korea announced a joint study on a possible australia-korea free trade agreement (akfta) to promote trade and economic relations between the two countries. the paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. significantly, it uses a new economic policy modelling approach, the endogenous grav...

Economic Integration, Uncertainty, and Trade – The European Experience

In monetary unions of the European type the reduction in exchange rate uncertainty is not able to explain the differences in the economic performance of member countries. It is shown that traditionally unstable countries like Portugal and Ireland benefit significantly from a decrease in inflation and interest rate uncertainty while traditionally stable countries do not. The reduction in politic...

R&D Spillovers, Trade Integration And Expansion Of Trade Flows In East- West Asia And Pacific