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Twelve econometric studies investigating the impact of agoa presented in this paper have reported 174 different estimates. In testing for publication bias and whether there is a genuine empirical impact of agoa we resort to a meta-analysis. The meta-analysis provides us with a formal means of...
Persistent link: https://www.econbiz.de/10009228921
Over the time a large number of reciprocal preferential trade agreements (RTAs) have been concluded among countries. Recently many studies have used gravity equations in order to estimate the effect of RTAs on trade flows between partners. These studies report very different estimates since they...
Persistent link: https://www.econbiz.de/10005513523
This Paper asks the question of the impact of institutions on trade and tries to estimate the potential for trade increase between CIS, Central Eastern European countries and the EU. The latter is computed using the gravity equation and the procedure introduced by Hausman and Taylor (1981). It...
Persistent link: https://www.econbiz.de/10005791826
We address three themes on the New Regionalism. First, the prominent analogy to a “spaghetti bowl” of economic integration agreements (EIAs) should be replaced by reference to a « market » for EIAs. We suggest a systematic economic framework for analyzing « competitive...
Persistent link: https://www.econbiz.de/10005022487
This paper analyses the impact of Free Trade Agreements (FTAs) on Middle East and North African Countries (MENA) trade for the period 1994-2010. The analysis distinguishes between industrial and agricultural trade separately to take into account the different liberalisation schedules. An...
Persistent link: https://www.econbiz.de/10011133727
The paper is inviting a reader to think to what extent we can use the knowledge resulting from laws of nature for exploring economic processes. In order to look for the answers on this question, the paper is going to explore international trade flows between the Baltic Sea region countries using...
Persistent link: https://www.econbiz.de/10010957371
Des données détaillées permettent d'observer sur une trentaine d'années l'évolution des coûts de transport des marchandises importées par les Etats-Unis. Des tendances claires se dessinent, mais sans que le lien avec le prix du pétrole, composante importante de ces coûts, soit toujours...
Persistent link: https://www.econbiz.de/10005243478
The relationship between trade and institutions has been extensively debated by trade economists and political scientists. The aim of the present paper is to provide some empirical evidence on the causal relationship between institutions and trade flows in a panel framework. We present a Granger...
Persistent link: https://www.econbiz.de/10009643920
This paper shows that the Poisson quasi-maximum likelihood estimator applied to the gravity model produces estimates in which, summing across all partners, actual and estimated total trade flows are identical. Other methods such as OLS do not have this desirable property. Indeed, Poisson is the...
Persistent link: https://www.econbiz.de/10009353831
In this study, I proposed to analyze the spatial concentration of international trade flows between Romania and the European Union both overall and by the sections of the Combined Nomenclature. Using statistical analysis methods such as square and Gini’s index or Onicescu informational energy,...
Persistent link: https://www.econbiz.de/10008470701