Agostino, Maria Rosaria; Aiello, Francesco; Cardamone, Paola - TRADEAG - Agricultural Trade Agreements - 2007
There are two sources of bias in the existing gravity equations used to assess the impact of non-reciprocal preferential trade policies (NRPTPs). The main inconsistency comes from the use of aggregate export flows at country level to analyse the effects of trade preferences which, by contrast,...