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Author: Grant Bickwit
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We develop a new framework to study the welfare consequences of preferential trade agreements (PTAs) under global sourcing, incomplete contracts and endogenous matching. We uncover several new channels through which PTAs...Read more...
Grant Bickwit, Emanuel Ornelas and John L. Turner
1 January 2021
We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and welfare under incomplete contracting and endogenous matching. Contract incompleteness implies underin...Read more...
31 October 2018