Impact of Trade Agreements on Trade Performance: A Gravity Approach

• 영문명: Impact of Trade Agreements on Trade Performance: A Gravity Approach
• 발행기관: 인하대학교 산업경제연구소
• 저자명: Lija Ramachandran.K
• 간행물 정보: 『경상논집』경상논집 제18집 제1호, 55~69쪽, 전체 15쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.06.01

영문 초록

With the proliferation of trade agreements, an important issue, which arises, is its impact on the trade performance. A burgeoning number of trade agreements anticipate a net trade creation over trade diversion. The present paper tries to examine whether trade agreements affects trade performance especially bilateral export flow among the three major trade blocs, namely, NAFTA, EU and AFTA. It also tries to examine how far a 'weak' preferential arrangement like SAPTA behaves after providing the preferential treatment to its members. A gravity model is used to estimate the impact of regional bias in export flow among the member countries. The result shows that being a member of a trading arrangement has a positive impact on the bilateral export flows of the Asian trading arrangements.

목차

Abstract

Introduction

Gravity Model

Materials for the Gravity Model

Choice of Variables

Empirical Results

Behaviour of Preferential Coefficients

Conclusion

Reference