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Reciprocal liberalization: Bilateral, plurilateral or multilateral?

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  • Pedro J. Martinez Edo

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    (Research Assistant, ARTNeT, and Masters Degree Candidate, International Economics Institute, University of Valencia, Spain)

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    Abstract

    This chapter studies interlinkages and interaction between the reciprocal trade liberalization through the WTO and preferential trade agreements from the perspective of the LDCs. An econometric exercise using an extended version of ARTNeT gravity dataset is done to determine the impact of WTO and PTA membership on the developed and developing countries, as well as LDCs’ trade.

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    File URL: http://www.unescap.org/tid/publication/tipub2625-chap4.pdf
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    Bibliographic Info

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    This chapter was published in:

  • United Nations ESCAP (ed.), 2011. "Trade beyond Doha: Prospects for Asia-Pacific Least Developed Countries, Studies in Trade and Investment 76," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2625, December.
    This item is provided by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in its series STUDIES IN TRADE AND INVESTMENT with number tipub2625_chap4.

    Handle: RePEc:unt:ecchap:tipub2625_chap4

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    Related research

    Keywords: Doha Round; trade; least developed countries; Aid for Trade; gravity; WTO; Asia-Pacific; preferential trade agreements; trade liberalization;

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    References

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    1. Céline CARRERE, 2003. "Revisiting the Effects of Regional Trading Agreements on trade flows with Proper Specification of the Gravity Model," Working Papers 200310, CERDI.
    2. E. Baldwin, Richard & Seghezza, Elena, 2010. "Are Trade Blocs Building or Stumbling Blocs?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 25, pages 276-297.
    3. Caroline Freund & Emanuel Ornelas, 2009. "Regional trade agreements," LSE Research Online Documents on Economics 28697, London School of Economics and Political Science, LSE Library.
    4. Goldin, Claudia, 1989. "Life-Cycle Labor-Force Participation of Married Women: Historical Evidence and Implications," Journal of Labor Economics, University of Chicago Press, vol. 7(1), pages 20-47, January.
    5. Amiti, Mary & Romalis, John, 2007. "Will the Doha Round Lead to Preference Erosion?," CEPR Discussion Papers 6372, C.E.P.R. Discussion Papers.
    6. Richard Baldwin & Dany Jaimovich, 2009. "Are Free Trade Agreements Contagious?," Global COE Hi-Stat Discussion Paper Series gd09-057, Institute of Economic Research, Hitotsubashi University.
    7. Maria Cipollina & Luca Salvatici, 2010. "Reciprocal Trade Agreements in Gravity Models: A Meta-Analysis," Review of International Economics, Wiley Blackwell, vol. 18(1), pages 63-80, 02.
    8. Lim O, Nuno, 2006. "Preferential vs. multilateral trade liberalization: evidence and open questions," World Trade Review, Cambridge University Press, vol. 5(02), pages 155-176, July.
    9. Juan Ruiz & Josep M. Vilarrubia, 2007. "The wise use of dummies in gravity models: export potentials in the Euromed region," Banco de Espa�a Working Papers 0720, Banco de Espa�a.
    10. Kemp, Murray C. & Wan, Henry Jr., 1976. "An elementary proposition concerning the formation of customs unions," Journal of International Economics, Elsevier, vol. 6(1), pages 95-97, February.
    11. Tovar, Patricia, 2012. "Preferential Trade Agreements and Unilateral Liberalization: Evidence from CAFTA," World Trade Review, Cambridge University Press, vol. 11(04), pages 591-619, October.
    12. Emanuel Ornelas, 2005. "Rent Destruction and the Political Viability of Free Trade Agreements," The Quarterly Journal of Economics, MIT Press, vol. 120(4), pages 1475-1506, November.
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