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Evaluating the Trade Effect of Developing Regional Trade Agreements : A Semi-parametric Approach

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dc.contributor.authorCoulibaly, Souleymane
dc.date.accessioned2012-03-30T07:33:22Z
dc.date.available2012-03-30T07:33:22Z
dc.date.issued2009
dc.description.abstractMany recent papers have pointed to ambiguous trade effects of developing regional trade agreements, calling for a reassessment of their economic merits. This paper focuses on 22 RTAs involving mostly developing countries and covering all the continents and use trade flows over the period 1962-2006. It proposes a two-step estimation approach to assess their trade impact: first estimate a gravity equation excluding the RTA variables, and then use the trade residuals estimated to run a kernel regression for each of the RTAs. This approach allows capturing the non-monotonic trade effects of the RTAs over time while imposing minimal structure on the model, and is flexible enough to be extended to any new RTA. As existing RTAs are deepened and new ones are being negotiated, ensuring that trade creation dominates trade diversion will be essential, particularly in the post-crisis world where resources will be limited for all countries.en
dc.identifier.citationJournal of Economic Integration
dc.identifier.issn1225651X
dc.identifier.urihttps://hdl.handle.net/10986/5550
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectEconomic Integration F150
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectDevelopment Planning and Policy: Trade Policy
dc.subjectFactor Movement
dc.subjectForeign Exchange Policy O240
dc.titleEvaluating the Trade Effect of Developing Regional Trade Agreements : A Semi-parametric Approachen
dc.title.alternativeJournal of Economic Integrationen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum451
okr.journal.nbpages709-743
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1086370&site=ehost-live
okr.relation.associatedurlhttp://www2.sejong.ac.kr/~cie/
okr.volume24
relation.isAuthorOfPublicationdf744946-61fa-55c4-9092-5ea497fa78c1
relation.isAuthorOfPublication.latestForDiscoverydf744946-61fa-55c4-9092-5ea497fa78c1
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