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A Reassessment of the Impact of the Organization for Economic Co-operation and Development on International Trade

Author

Listed:
  • Stefani Stefanova

    (ETH Zurich)

  • Sophie Bandarkar

    (School of Public and International Affairs, Princeton University)

  • Yoto Yotov

    (School of Economics, Drexel University)

Abstract

Using disaggregated data and established econometric methods, we re-evaluate the impact of the Organization for Economic Co-operation and Development (OECD) on international trade among its members. In contrast to previous studies, we conclude that, overall, the OECD has not led to increased trade among its members. However, we find evidence that the OECD has promoted members’ trade in certain sectors and, more importantly, for certain groups of European countries, i.e., the Visegrad group and the Baltic states, which share common history and economic characteristics. Based on this, we expect similar positive trade effects for some prospective OECD members.

Suggested Citation

  • Stefani Stefanova & Sophie Bandarkar & Yoto Yotov, 2025. "A Reassessment of the Impact of the Organization for Economic Co-operation and Development on International Trade," Working Papers 202509, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
    • Handle: RePEc:drx:wpaper:202509
    as

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    File URL: https://www.lebow.drexel.edu/sites/default/files/2025-04/202509-cgpa-reassess-impact.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    OECD; Trade Flows; Institutional Quality; Development;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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