DOES REGIONALISM AFFECT TRADE LIBERALIZATION TOWARD NONMEMBERS?

被引:113
作者
Estevadeordal, Antoni [1 ]
Freund, Caroline [1 ]
Ornelas, Emanuel [1 ]
机构
[1] London Sch Econ, London, England
基金
英国经济与社会研究理事会;
关键词
D O I
10.1162/qjec.2008.123.4.1531
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation (MFN) tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. We find that preferential tariff reduction in a given sector leads to a reduction in the external (MFN) tariff in that sector. External liberalization is greater if preferences are granted to important suppliers. However, these "complementarity effects" of preferential liberalization on external liberalization do not arise in customs unions. Overall, our results suggest that concerns about a negative effect of preferential liberalization on external trade liberalization are unfounded.
引用
收藏
页码:1531 / 1575
页数:45
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