Treating the texts of trade agreements as data can help us find better answers to many political questions, such as.B.: Text data methods include a multitude of research instruments that allow us to gain new knowledge about trade agreements. For example, text-like measures are able to understand differences in the design of fine grain contracts. The so-called dimension reduction techniques, which compress the textual information contained in a text into a series of abstract variables, can help to predict more precisely the effects of trade agreements than the measures available so far. This makes it increasingly difficult to analyze and compare the content of trade agreements, which is necessary to assess their impact on international trade and well-being. Big data and textual methodologies can help researchers, policy makers and other interest groups systematically extract information (and data) from commercial regulatory texts. The “Texts of Trade Agreements” (ToTA) project provides scientists and policy makers with a complete, machine-readable and observational body of preferential trade agreements (ATPs) available to the public to scientists and policy makers and uses the most advanced textual data techniques to analyze it. We propose a new method for predicting the impact of preferential trade agreements (EPAs) on trade and well-being, with the Trans-Pacific Partnership (TPP) agreement being considered a case study. Based on a new set of contract text data covering all trade agreements notified to the World Trade Organization, we first establish an indicator that compares existing TTAs with the TPP in terms of text resorhood. [Read more] In recent decades, trade agreements have increased not only in number, but also in depth. Trade agreements are now aimed at regulating more trade policy instruments than in the past. The aim of this research project is to enable an economic analysis of trade agreements, with particular attention to issues other than trade in goods, including trade in services, directly and worker mobility. Trade agreements have long been an important topic of economic research and there is a great deal of economic knowledge about them.
These findings cover all issues ranging from their role to their economic impact. However, many of these elements come from trade in goods. There is still much room to consider the role that trade agreements can play in the aforementioned economic activities. Moreover, the accumulation of empirical analyses on trade agreements is still lagging behind theoretical analysis. Another goal is to help fill this gap. This research project consists of six themes: What is the impact of trade agreements on international trade? Trade agreements converge in regional or interregional clusters of similarly formulated agreements With multilateral negotiations at the World Trade Organization (WTO) deadlocked, the settlement of international economic governance has shifted to preferential trade agreements (EAs).