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Trade agreements and trade flows: Estimating the effect of free trade agreements on trade flows with an application to the European Union

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  • Scott L. Baier
  • Jeffrey H. Bergstrand

Abstract

This paper examines the proposed EU-GCC FTA, a free trade agreement (FTA) between the EU and the Gulf Cooperation Counil (GCC), which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The paper first takes a fresh look at the methodology generally applied to analysis of potential FTAs, and then uses its own enhanced methodology to analyse the proposed EU-GCC FTA.

Suggested Citation

  • Scott L. Baier & Jeffrey H. Bergstrand, 2004. "Trade agreements and trade flows: Estimating the effect of free trade agreements on trade flows with an application to the European Union," European Economy - Economic Papers 2008 - 2015 214, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    • Handle: RePEc:euf:ecopap:0214
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    File URL: https://ec.europa.eu/economy_finance/publications/pages/publication584_en.pdf
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    References listed on IDEAS

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    Cited by:

    1. INSEL, Aysu & TEKCE, Mahmut, 2010. "Econometric analysis of the bilateral trade flows in the Gulf Cooperation Council countries," MPRA Paper 22130, University Library of Munich, Germany.

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