What Kinds of Countries Have More Free Trade Partner Countries? - Count Regression Analysis
According to the WTO data for regional trade agreements (RTA), the number of RTA has been exponentially growing since the middle of the 1990s. As a result, many countries these days have had more than one free trade partner country. In this paper, we attempt to find out statistically important characteristics of countries that may explain the frequency of a countrys RTA formations and as a result its total number of free trade partner countries. We find that the following country-specific variables are important : distance from equator, government effectiveness, and the low-middle income group countries and regional blocs that countries belong to. In contrast, the following variables are not statistically significant : geographical size of country; upper-middle or high-income group countries; languages and other institutional variables such as political aspects and the stability, law, regulation, and national corruption level. The important implication of the findings is that the current expansion of RTAs may not be linked to a global free trade system because of the peculiarity of countries having multiple RTAs.
|Date of creation:||Jan 2007|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.eaber.org
More information through EDIRC
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.:
- Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2006.
"Computational Analysis of the Menu of US-Japan Trade Policies,"
The World Economy,
Wiley Blackwell, vol. 29(6), pages 805-855, 06.
- Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2004. "Computational Analysis of the Menu of U.S.-Japan Trade Policies," Hi-Stat Discussion Paper Series d04-63, Institute of Economic Research, Hitotsubashi University.
- Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2004. "Computational Analysis of the Menu of U.S.-Japan Trade Policies," Working Papers 515, Research Seminar in International Economics, University of Michigan.
- Rose, Andrew K & Spiegel, Mark, 2005.
"Offshore Financial Centres: Parasites or Symbionts?,"
CEPR Discussion Papers
5081, C.E.P.R. Discussion Papers.
- AndrewK. Rose & MarkM. Spiegel, 2007. "Offshore Financial Centres: Parasites or Symbionts?," Economic Journal, Royal Economic Society, vol. 117(523), pages 1310-1335, October.
- Andrew K. Rose & Mark Spiegel, 2006. "Offshore Financial Centers: Parasites or Symbionts?," NBER Working Papers 12044, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Mark M. Spiegel, 2005. "Offshore financial centers: parasites or symbionts?," Working Paper Series 2005-05, Federal Reserve Bank of San Francisco.
- Axel Borrmann & Matthias Busse & Silke Neuhaus, 2006.
"Institutional Quality and the Gains from Trade,"
Wiley Blackwell, vol. 59(3), pages 345-368, 08.
- Pravin Krishna, .
"Regionalism and Multilaterialism: A Political Economy Approach,"
96-5, Brown University, Department of Economics.
- Pravin Krishna, 1998. "Regionalism And Multilateralism: A Political Economy Approach," The Quarterly Journal of Economics, MIT Press, vol. 113(1), pages 227-250, February.
- Egger, Peter & Larch, Mario, 2008. "Interdependent preferential trade agreement memberships: An empirical analysis," Journal of International Economics, Elsevier, vol. 76(2), pages 384-399, December.
- 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.
When requesting a correction, please mention this item's handle: RePEc:eab:tradew:22002. 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: (Shiro Armstrong)
If references are entirely missing, you can add them using this form.