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- W2766372478 abstract "The recent proliferation of free trade agreements (FTAs) has resulted in an in- creasingly complex network of preferential trading relationships. The economics literature has generally examined the formation of FTAs as a function of the par- ticipating countries' economic characteristics alone. In this paper, we show both theoretically and empirically that the decision to enter into an FTA is also crucially dependent on the participating countries' existing FTA relationships with third countries. Accounting for the interdependence of FTAs helps to explain a significant fraction of FTA formations that would not otherwise be predicted by countries' economic characteristics." @default.
- W2766372478 created "2017-11-10" @default.
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- W2766372478 date "2008-01-01" @default.
- W2766372478 modified "2023-09-23" @default.
- W2766372478 title "Third-Country Effects on the Formation of Free Trade Agreements" @default.
- W2766372478 hasPublicationYear "2008" @default.
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