Are regional trading agreements beneficial?. Static and dynamic panel gravity models
Impacto
Scholar |
Otros documentos de la autoría: Martinez-Zarzoso, Inmaculada; Nowak-Lehmann D., Felicitas; Horsewood, N.
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONEste recurso está restringido
http://dx.doi.org/10.1016/j.najef.2008.10.001 |
Metadatos
Título
Are regional trading agreements beneficial?. Static and dynamic panel gravity modelsFecha de publicación
2009Editor
ElsevierISSN
10629408Cita bibliográfica
North American Journal of Economics and Finance, 20, 1, p. 46-65Tipo de documento
info:eu-repo/semantics/articlePalabras clave / Materias
Resumen
This paper evaluates the effects of preferential agreements on trade between trade group members and non-members using a static and a dynamic gravity model. The gravity model is estimated using recent panel data ... [+]
This paper evaluates the effects of preferential agreements on trade between trade group members and non-members using a static and a dynamic gravity model. The gravity model is estimated using recent panel data techniques which account for the endogeneity of the integration effects and the existence of dynamic effects. We incorporate into the static model the time-varying, multilateral resistance terms to obtain unbiased estimates. In addition, we estimate a dynamic version of the gravity model using a number of GMM estimators. The results show that dynamics are significant and robust and that the new wave of regionalism in the 1990s has had larger positive effects on intra and extra-bloc trade on developed countries (EU and NAFTA) than on developing countries. © 2008 Elsevier Inc. All rights reserved. [-]
Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/closedAccess
info:eu-repo/semantics/closedAccess
Aparece en las colecciones
- ECO_Articles [692]