Economic costs and payoffs of bilateral/regional trade agreements
| dc.creator | Vollrath, Thomas L. | |
| dc.creator | Hallahan, Charles B. | |
| dc.date | 2017-04-01T19:59:17Z | |
| dc.date.accessioned | 2026-07-09T04:44:56Z | |
| dc.description | The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions among academicians and policymakers about whether they have, in fact, opened markets, created trade, promoted economic growth, and/or distorted trade. This study uses panel data from the 1975-2005 period and the gravity framework to identify the influence of bilateral/regional free-trade agreements on bilateral trade in merchandise, agriculture, and clothing sectors. A benchmark, Heckman sample-selection, and two generalized models, one of which accounts for reciprocal-free-trade-agreement phase-in effects, are used to gauge the impact on partner trade of mutual as well as asymmetric RTA membership. | |
| dc.identifier | doi:10.22004/ag.econ.49375 | |
| dc.identifier | https://ageconsearch.umn.edu/record/49375/files/tv_revised_AAEA_613196%20_2_.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/49375 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/554383 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/49375 | |
| dc.title | Economic costs and payoffs of bilateral/regional trade agreements | |
| dc.type | Text |