Commerce et préférences.. Les effets d'une clause démocratique
For several years, preferential trade agreements have been oriented towards initiating a deep integration process including a “democratic” clause. We can consider the inclusion of such a clause as a political choice to promote democracy. However, it can also be viewed as a pre-condition for implementing an institutional “deep integration” process, which might also raise new costs impeding trade. The aim of this paper is to verify that preferential trade agreements (ptas) have a higher positive effect on trade inside the area when they are bound by a democratic constraint. To achieve this, we use an Anderson and van Wincoop  type of gravity model, and we differentiate between ptas according to whether they include a democratic clause or not. Empirical evidence shows that the inclusion of a democratic clause has a negative effect on bilateral trade so long as at least one northern country is concerned. Classification JEL : F13, F15, O19 ; P16
When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_585_1055. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.