Exploring the Links between Bilateral and Regional Trade Agreements and Merchandise Trade

被引:13
作者
Barbalet, Felix [1 ]
Greenville, Jared [1 ]
Crook, Wayne [1 ]
Gretton, Paul [1 ]
Breunig, Robert [2 ]
机构
[1] Prod Commiss, Canberra, ACT 2600, Australia
[2] Australian Natl Univ, Crawford Sch Publ Policy, Canberra, ACT 2601, Australia
关键词
Free trade agreements; gravity model; merchandise trade; GRAVITY MODELS; CREATION; FLOWS;
D O I
10.1002/app5.101
中图分类号
K9 [地理];
学科分类号
0705 ;
摘要
Over 200 bilateral and regional trade agreements are currently in force, yet their impact remains a topic of debate. We analyse effects of 27 agreements that are of particular importance for Australia on the value of merchandise trade flows using data from 1970 up to the global financial crisis in 2008. We show that preferential trade agreements generally increase trade between members but that there are often offsetting negative effects on trade with non-signatories. In contrast to regional trading blocs and bilateral accords, agreements more oriented towards open trade principles have a positive impact on all trade flows of member nations.
引用
收藏
页码:467 / 484
页数:18
相关论文
共 34 条
[11]  
[Anonymous], 4502 CESIFO
[12]  
[Anonymous], 10 ANN C GLOB EC AN
[13]  
[Anonymous], 1962, Shaping the world economy: Suggestions for an international economics policy
[14]   New Trade Models, Same Old Gains? [J].
Arkolakis, Costas ;
Costinot, Arnaud ;
Rodriguez-Clare, Andres .
AMERICAN ECONOMIC REVIEW, 2012, 102 (01) :94-130
[15]   Do free trade agreements actually increase members' international trade? [J].
Baier, Scott L. ;
Bergstrand, Jeffrey H. .
JOURNAL OF INTERNATIONAL ECONOMICS, 2007, 71 (01) :72-95
[16]  
Baldwin R.E., 2006, NBER Working Paper Series, 12516
[17]   On the Specification of the Gravity Model of Trade: Zeros, Excess Zeros and Zero-inflated Estimation [J].
Burger, Martijn ;
Van Oort, Frank ;
Linders, Gert-Jan .
SPATIAL ECONOMIC ANALYSIS, 2009, 4 (02) :167-190
[18]   On the bilateral trade effects of free trade agreements between the EU-15 and the CEEC-4 countries [J].
Caporale, Guglielmo Maria ;
Rault, Christophe ;
Sova, Robert ;
Sova, Anamaria .
REVIEW OF WORLD ECONOMICS, 2009, 145 (02) :189-206
[19]   Revisiting the effects of regional trade agreements on trade flows with proper specification of the gravity model [J].
Carrère, C .
EUROPEAN ECONOMIC REVIEW, 2006, 50 (02) :223-247
[20]  
Cheng IH, 2005, FED RESERVE BANK ST, V87, P49