Trade impact of EU preferences
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
This chapter assesses the impact on trade of European Union (EU) trade policies, using a
gravity model based on disaggregated trade flows from 169 developing countries (DC) to 25 EU
member countries. It uses a sample selection framework to account for potential selection bias in
positive trade flows and provides an explicit measure for relative preference margins. The results
serve to debunk some of the most widespread criticisms of preferential policies: EU preferences
matter, and have a positive impact on developing countries’ exports at the intensive margin, and an
ambiguous impact at the extensive margin with significant differences across sectors.