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In Search of WTO Trade Effects : : Preferential Trade Agreements Promote Trade Strongly, But Unevenly / / Theo Eicher, Christian Henn



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Autore: Eicher Theo Visualizza persona
Titolo: In Search of WTO Trade Effects : : Preferential Trade Agreements Promote Trade Strongly, But Unevenly / / Theo Eicher, Christian Henn Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica: 1 online resource (32 p.)
Soggetto topico: Terms of trade
Tariff preferences
Exports and Imports
Trade Policy
International Trade Organizations
Empirical Studies of Trade
Trade: General
International economics
Trade agreements
Trade balance
Plurilateral trade
Imports
North American Free Trade Agreement
Commercial treaties
Balance of trade
International trade
Soggetto geografico: Luxembourg
Altri autori: HennChristian  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; I. Introduction; II. Data; III. Extending the Empirical Framework to Account for Individual PTA Effects; A. Results: WTO Trade Impact After Controlling for Multilateral Resistance and Individual PTA Effects (Hierarchical, Mutually Exclusive WTO Coding); B. Hierarchical, Mutually Exclusive Coding and SW's "Implicit Industrialized PTA Dummy"; IV. Individual PTA Effects, Multilateral Resistance, and Unobserved Bilateral Heterogeneity
A. WTO Trade Impact: Controlling for Multilateral Resistance, Unobserved Bilateral Heterogeneity and Individual PTA Effects (Hierarchical/Mutually Exclusive WTO Coding)V. Individual PTA Trade Effects, Multilateral Resistance, and Unobserved Bilateral Hetergeneity (Mutually Inclusive WTO Coding); A. WTO Trade Impact: Controlling for Multilateral Resistance, Unobserved Bilateral Heterogeneity and Individual PTA Effects (Mutually Inclusive WTO Coding); VI. Individual PTA Trade Effects: Sensitivity to Unobserved Bilateral Heterogeneity and Multilateral Resistance Controls; VII. Conclusion
ReferencesTables; 1. WTO and PTA Effects (Hierarchical, Mutually Exclusive Coding); 1.a. Raw Regression Output; 2. WTO and PTA Effects (Inclusive Coding); Appendices; A1. Membership in considered Preferential Trading Arrangements; A2. Bilateral Preferential Trade Agreements considered in BilateralPTAmxt; A3. List of Countries in sample and year of WTO accession; B1. De jure coding. WTO and PTA Effects (Hierarchical, Mutually Exclusive Coding); B1.a. Raw Regression Output De jure Coding; B2. De jure coding. WTO and PTA Effects (Inclusive Coding)
Sommario/riassunto: The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not fully control for multilateral resistance (which could bias WTO estimates). Subramanian and Wei (2007) address multilateral resistance comprehensively to report strong WTO trade effects for industrialized countries but do not account for unobserved bilateral heterogeneity (which could inflate WTO estimates). We unify these two approaches by accounting for both multilateral resistance and unobserved bilateral heterogeneity, while also allowing for individual trade effects of PTAs. WTO effects vanish and remain insignificant throughout once multilateral resistance, unobserved bilateral heterogeneity, and individual PTA effects are introduced. The result is robust to the use of alternative definitions and coding conventions for WTO membership that have been employed by Rose (2004), Tomz et al. (2007), or by Subramanian and Wei's (2007).
Titolo autorizzato: In Search of WTO Trade Effects  Visualizza cluster
ISBN: 1-4623-1138-5
1-4527-8741-7
9786612842535
1-4518-7178-3
1-282-84253-6
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788347203321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2009/031