University of Sussex
Browse

File(s) not publicly available

How has regionalism in the Ninties affected Trade?

journal contribution
posted on 2023-06-07, 20:14 authored by Isidro Solonga, L. Alan WintersL. Alan Winters
We apply a gravity model to 1980¿1996 annual nonfuel imports data for 58 countries to quantify the effects of recently created or revamped PTAs on trade. We modify the gravity equation to identify separate effects of PTAs on intrabloc trade, members¿ total imports and their total exports and to test for significant changes in trade patterns following the creation of trade blocs. We find no indication that `new regionalism¿ boosted intrabloc trade significantly and we find trade diversion only for the EU and EFTA. The latter also exhibit `export diversion¿, which could indicate their imposing welfare costs on other countries. Latin American trade liberalization in the 1990s had a positive impact on bloc members¿ imports and, usually, exports.

History

Publication status

  • Published

Journal

North American Journal of Economics and Finance

ISSN

1062-9408

Issue

1

Volume

12

Page range

1-29

Pages

29.0

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC