This paper uses a gravity model to assess ex-post regional trade agreements. The model includes 130 countries and is estimated in panel over the period 1962-96. The introduction of the correct number of dummy variables allows for identification of Vinerian trade creation and trade diversion effects, while the estimation method takes into account a potential correlation between the explanatory variables and the bilateral specific effects introduced in the model, as well as potential selection bias. In contrast with previous estimates, results show that over the period 1962-1996, regional agreements have generated a significant increase in trade between members, often at the expense of the rest of the world.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by CERDI in its series Working Papers with number
200210.
Length: 33 Date of creation: 2002 Date of revision: Handle: RePEc:cdi:wpaper:857
Contact details of provider: Postal: 65 Bd. F. Mitterrand, 63000 Clermont-Ferrand Phone: (33-4) 73 17 74 00 Fax: (33-4) 73 17 74 28 Web page: http://cerdi.org/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Vincent Mazenod).
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)