On the trade-diversion effects of free trade agreements |
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| Authors: | Mian Dai Yoto V Yotov Thomas Zylkin |
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| Institution: | 1. School of Economics, Drexel University, Philadelphia, PA 19104, USA;2. Economics Research Institute, Bulgarian Academy of Sciences, Sofia, Bulgaria |
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| Abstract: | Trade-diversion effects of free trade agreements (FTAs) have not been thoroughly examined empirically. Using a novel empirical approach, we confirm that FTAs divert trade away from non-member countries and even more so from internal trade (domestic sales) in member countries. |
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| Keywords: | F13 F14 F15 |
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