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Do preferential trade agreements contribute to the development of trade? Taking into account the institutional heterogeneity

机译:优惠贸易协定是否有助于贸易发展?考虑到制度异质性

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摘要

Following the surge of preferential trade agreements (PTAs) from the 1990's, especially bilateral ones, recent research has begun to reconsider their effects on the development of international trade. These agreements are so different in terms of scope, sectorial coverage, institutional framework...that they can be no more considered as belonging to a homogeneous category. Especially, the inclusion of new areas of negotiation raises questions as to their positive or negative contribution to trade liberalization. In this paper, four trade-related policy domains, more and more frequently negotiated in PTAs, are identified (capital mobility, competition policy, labor mobility and environment). After a general discussion of their supposed effects on international trade, an empirical investigation identifies their effects separately. The gravity model with panel data on the 1960-2010 period is used. To account for zero trade flows, Poisson Pseudo-Maximum Likelihood approach has been applied. Results show that negotiating labor mobility and environmental provisions significantly increases trade, whereas the effects of clauses on capital mobility and competition policy are not systematically significant. Statistical analysis shows that negotiation on labor mobility and environmental issues have an impact independent from the agreement as a whole, confirming the relevance of the heterogeneity hypothesis.
机译:随着1990年代特惠贸易协定(PTA),特别是双边协定的激增,最近的研究开始重新考虑其对国际贸易发展的影响。这些协议在范围,部门覆盖,体制框架方面都如此不同,以至于不能再将它们视为同类。特别是,包括新的谈判领域引起了人们对它们对贸易自由化的积极或消极贡献的质疑。在本文中,确定了四个与贸易有关的政策领域(在PTA中谈判越来越频繁)(资本流动性,竞争政策,劳动力流动性和环境)。在对它们对国际贸易的假定影响进行一般性讨论后,一项实证研究分别确定了它们的影响。使用具有1960-2010年期间面板数据的重力模型。为了说明零贸易流量,已经采用了Poisson伪最大似然法。结果表明,就劳动力流动性和环境条款进行谈判可以显着增加贸易,而条款对资本流动性和竞争政策的影响并不是系统性的。统计分析表明,关于劳动力流动性和环境问题的谈判具有独立于整个协议的影响力,从而证实了异质性假设的相关性。

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  • 来源
    《International Economics》 |2017年第5期|41-56|共16页
  • 作者单位

    Laboratoire d'Economie d'Orleans (LEO) UMR 7322 - CNRS, Faculte de Droit, d'Economie et de Gestion Rue de Blois - BP 26739, 45067, Orleans Cedex 2, France;

    Laboratoire d'Economie d'Orleans (LEO) UMR 7322 - CNRS, Faculte de Droit, d'Economie et de Gestion Rue de Blois - BP 26739, 45067, Orleans Cedex 2, France ,FAST School of Management, Lahore Campus, B-Block Faisal Town, National University of Computer and Emerging Sciences, FAST-NU, Pakistan;

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  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Trade agreements; Gravity model; International trade;

    机译:贸易协定;重力模型;国际贸易;

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