کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
974293 1479802 2009 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Are regional trading agreements beneficial?: Static and dynamic panel gravity models
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Are regional trading agreements beneficial?: Static and dynamic panel gravity models
چکیده انگلیسی

This paper evaluates the effects of preferential agreements on trade between trade group members and non-members using a static and a dynamic gravity model. The gravity model is estimated using recent panel data techniques which account for the endogeneity of the integration effects and the existence of dynamic effects. We incorporate into the static model the time-varying, multilateral resistance terms to obtain unbiased estimates. In addition, we estimate a dynamic version of the gravity model using a number of GMM estimators. The results show that dynamics are significant and robust and that the new wave of regionalism in the 1990s has had larger positive effects on intra and extra-bloc trade on developed countries (EU and NAFTA) than on developing countries.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The North American Journal of Economics and Finance - Volume 20, Issue 1, March 2009, Pages 46–65
نویسندگان
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