Trade creation and trade diversion of economic integration agreements revisited: a constrained panel pseudo-maximum likelihood approach
نویسندگان
چکیده
منابع مشابه
Beyond Trade Creation: Free Trade Agreements and Trade Disputes
This paper investigates the effects of the formation of free trade agreements (FTAs) on trade disputes. We construct a unique and comprehensive dataset on inter-country trade disputes from 1995 to 2007. The dataset covers 110 countries and 1130 trade disputes. We find that the incidences of trade disputes between two countries are positively associated with economic size, economic growth, and t...
متن کاملA panel data analysis of trade creation and trade diversion effects: The case of ASEAN¬タモChina Free Trade Area
Article history: Received 8 February 2013 Received in revised form 1 April 2014 Accepted 5 April 2014 Available online 13 April 2014 This study uses a theoretically justified gravity model of trade to examine the impact of the ASEAN–China Free Trade Agreement (ACFTA) on exports, focusing on trade creation and diversion effects. The model is tested on a sample of 31 countries over the period dat...
متن کاملEconomic Impact of Regional Trade Agreements and Economic Co-operation: Econometric Evidence
The paper focuses on regional trade agreements and economic co-operation and develops a new appropriate approach to study their impact on growth and trade. The approach is based on an endogenous trade-growth theory and novelly specified in an economic integration (expenditure) framework which is the conceptual foundation of regional trade agreements. Importantly, it also appropriately takes int...
متن کاملPreferential Trade Agreements, The Metzler Paradox, and Trade Diversion: An Interpretation of the GATT Article XXIV
Tari¤ Concessions in a Preferential Trade Agreement (PTA) are likely to divert trade from non-participating countries. Consequently, their welfare will deteriorate if the tari¤ rates of the incumbents remain the same. In a general equilibrium framework with multiple goods and multiple regions, this paper clari...es the determinants of the trade diversion. Similarity between the excess supply st...
متن کاملEffects of Hub-and-Spoke Free Trade Agreements on Trade: A Panel Data Analysis
— We use panel data consisting of 96 countries and covering the period 1960–2000 to investigate the effects of free trade agreements (FTAs) and hub-and-spoke systems of FTA on exports. Our empirical results imply an annual growth rate of 5.57% in exports and hence a doubling of exports after 12.4 years between FTA partners. Non-overlapping FTAs account for 4.12%, while hub-andspoke FTAs account...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Review of World Economics
سال: 2020
ISSN: 1610-2878,1610-2886
DOI: 10.1007/s10290-020-00389-9