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- CESifo Research Network; Venice International University

Dates:July 23-24, 2014
Description:Fifteenth CESifo Venice Summer Institute 2014 - Regional Mega Deals: New Trends, New Models, New Insights?
Location:Venice, Island of San Servolo, Italy
Subject:A new generation of preferential trade agreements (PTAs) is in the making: larger and deeper than most that have been signed earlier. Their focus has moved away from the elimination of tariffs to regulatory cooperation and a WTO-Plus agenda. At the same time, theoretical and empirical modelling of PTAs has changed, too. Impressive efforts have been made to catalogue and measure non-tariff barriers (NTBs), incorporate them into CGE models and analyse reform scenarios. An improved understanding of the theoretical foundations of the gravity model and advances in econometric methodology have allowed a clearer understanding of trade costs in general and of the trade cost reducing effects of PTAs, in specific. With the emergence of new quantitative trade theory, the empirical gravity and the CGE literatures have started to converge. Finally, the availability of more detailed data has made it possible to assess the economic, social, and environmental implications of freer trade and of PTAs. [gem?_?? den Informationen des Anbieters - according to site editor's information]
JEL Code:F


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