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Do nonreciprocal preferential trade agreements increase beneficiaries' exports?

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  • Gil-Pareja, Salvador
  • Llorca-Vivero, Rafael
  • Martínez-Serrano, José Antonio

Abstract

This paper investigates whether and to what extent nonreciprocal preferential trade agreements (NRPTAs) have increased developing countries' exports to richer countries. Using recent developments in the econometric analysis of the gravity equation over the period 1960–2008, we find robust evidence that, on the whole, NRPTAs and the Generalized System of Preferences have had an economically significant effect on exports from developing countries. However, the estimation of catch-all dummies masks heterogeneous results for the individual programs.

Suggested Citation

  • Gil-Pareja, Salvador & Llorca-Vivero, Rafael & Martínez-Serrano, José Antonio, 2014. "Do nonreciprocal preferential trade agreements increase beneficiaries' exports?," Journal of Development Economics, Elsevier, vol. 107(C), pages 291-304.
    • Handle: RePEc:eee:deveco:v:107:y:2014:i:c:p:291-304
    DOI: 10.1016/j.jdeveco.2014.01.002
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    More about this item

    Keywords

    Nonreciprocal preferential trade agreements; GSP; EBA; AGOA; ACP; Developing countries;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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