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Title page
Contents
Abstract 3
1/2. Evolution of FTAs 1950-2015 5
2/3. An automatization of FTAs' text analysis 5
2.1/3.1. Description of the algorithm 5
2.2/3.2. Assessment of the algorithm results 9
3/4. Business mobility clauses in trade agreements 11
4/5. Impact of facilitating business visitors entry 14
4.1/5.1. Data 14
4.2/5.2. Trade Regressions 15
4.3/5.3. Baseline results 15
4.4/5.4. Controlling for FTA's depth 19
4.5/5.5. Business travel intensity 19
4.6/5.6. Export probability 22
4.7/5.7. Permanent migration 24
5/6. Conclusion 26
Appendices 29
A. Percentage of agreements identically identified 29
B. Differences between World Bank's database and the algorithm results for the Nuclear Safety topic 31
D. PPML regressions for business trips 37
C. EU and NAFTA/CUSFTA additional controls 36
Table 1. Effect of business visitors provisions: PPML 16
Table 2. Effect of business visitors provisions: OLS 17
Table 3. Effect of business visitors provisions: PPML in shares 18
Table 4. Controlling for FTA's measures of depth 20
Table 5. Effect of business visitors provisions on Business Trips 21
Table 6. Effect of business visitors provisions on export probability 23
Table 7. Effect on business visitors provisions on migration flows (Migration Data Oecd) 24
Table 8. Effect on business visitors provisions on migration flows (WB Migration Flows) 25
Table 9. Controlling for EU/NAFTA 36
Table 10. Effect of business visitors provisions on Business Trips 37
Table 11. Effect of business visitors provisions on Business Trips 38
Figure 1. Evolution of the number of FTAs over time 6
Figure 2. Evolution of the depth of FTAs over time 7
Figure 3. Number of Agreements identified by WB vs algorithm 10
Figure 4. Percentage of FTAs coded identically for each topic 11
Figure 5. Number of FTAs signed each year containing business visitors provisions 12
Figure 6. Geographical distribution of FTAs with business visitors entry provisions 13
Figure 7. Percentage of all international trade taking place between countries with a FTA, covered by FTAs identically coded by the WB and the algorithm for... 29
Figure 8. Percentage of agreements identified by FTA coder as treating a given topic among the agreements coded by WB as treating that same topic 30
Figure 9. Percentage of agreements identified by FTA coder as not treating a given topic among the agreements coded by WB as not treating that same topic 31
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