Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/295812 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 16789
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Using provisions to ease the movement of business visitors in trade agreements, we show that removing barriers to the movement of business people promotes trade. We document the increasing complexity of Free Trade Agreements and develop an algorithm that combines machine learning and text analysis techniques to examine the content of FTAs. We use the algorithm to determine which FTAs include provisions to facilitate the movement of business people and whether these are included in dispute settlement mechanisms. We show that provisions facilitating business travel are effective in promoting them and eventually increase bilateral trade flows.
Subjects: 
text analysis
machine learning
free trade agreements
business travel
migration
JEL: 
F13
F22
F23
Document Type: 
Working Paper

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