TY  - RPRT
        AU  - Mayer, Thierry
AU  - Rapoport, Hillel
AU  - Umana-Dajud, Camilo
        TI  - Free Trade Agreements and the Movement of Business People
        PY  - 2024/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16789
        UR  - https://www.iza.org/publications/dp16789
        AB  - 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.

        KW  - business travel
KW  - text analysis
KW  - machine learning
KW  - free trade agreements
KW  - migration
        ER  -