The impacts of Regional Trade Agreements in force in Europe on trade in services
Most of countries in the European continent are related to each other by a Regional Trade Agreement (RTA) that includes services. The aim of this study is to analyze the pattern of trade in services in Europe. In considering the three main important RTAs in force in Europe, I find that all the RTAs do not have similar impacts on trade in services. Indeed, European Union and European Economic Area are trade creating while European Free Trade Association (EFTA) does not have a significant impact on intra-members trade and is more trade diverting than the other RTAs. Moreover, new entrants have a positive propensity to trade services with the members of the EFTA. Trade impacts of a given RTA vary substantially across signatories.
Volume (Year): 32 (2012)
Issue (Month): 1 ()
|Contact details of provider:|| |
References listed on IDEAS
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.:
- Vincent Vicard, 2009.
"On trade creation and regional trade agreements: does depth matter?,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 145(2), pages 167-187, July.
- Vincent Vicard, 2009. "On Trade Creation and Regional Trade Agreements: Does Depth Matter?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00395100, HAL.
- Janet Ceglowski, 2006. "Does Gravity Matter in a Service Economy?," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 142(2), pages 307-329, July.
- Richard Baldwin & Daria Taglioni, 2006.
"Gravity for Dummies and Dummies for Gravity Equations,"
NBER Working Papers
12516, National Bureau of Economic Research, Inc.
- Baldwin, Richard & Taglioni, Daria, 2006. "Gravity for Dummies and Dummies for Gravity Equations," CEPR Discussion Papers 5850, C.E.P.R. Discussion Papers.
- Frankel, Jeffrey & Stein, Ernesto & Wei, Shang-jin, 1995. "Trading blocs and the Americas: The natural, the unnatural, and the super-natural," Journal of Development Economics, Elsevier, vol. 47(1), pages 61-95, June.
- Céline CARRERE, 2003. "Revisiting the Effects of Regional Trading Agreements on trade flows with Proper Specification of the Gravity Model," Working Papers 200310, CERDI.
- URATA Shujiro & OKABE Misa, 2007. "The Impacts of Free Trade Agreements on Trade Flows: An Application of the Gravity Model Approach," Discussion papers 07052, Research Institute of Economy, Trade and Industry (RIETI).
- Brada, Josef C & Mendez, Jose A, 1985. "Economic Integration among Developed, Developing and Centrally Planned Economies: A Comparative Analysis," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 549-56, November.
- Scott L. Baier & Jeffrey H. Bergstrand & Peter Egger & Patrick A. McLaughlin, 2008. "Do Economic Integration Agreements Actually Work? Issues in Understanding the Causes and Consequences of the Growth of Regionalism," The World Economy, Wiley Blackwell, vol. 31(4), pages 461-497, 04.
- Bergstrand, Jeffrey H, 1985. "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 474-81, August.
- Trefler, Daniel, 1993. "Trade Liberalization and the Theory of Endogenous Protection: An Econometric Study of U.S. Import Policy," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 138-60, February.
- Ghosh, Sucharita & Yamarik, Steven, 2004. "Are regional trading arrangements trade creating?: An application of extreme bounds analysis," Journal of International Economics, Elsevier, vol. 63(2), pages 369-395, July.
- Peter Egger & Rainer Lanz, 2008. "The Determinants of GATS Commitment Coverage," The World Economy, Wiley Blackwell, vol. 31(12), pages 1666-1694, December.
When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-11-00726. 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: (John P. Conley)
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.