Sun, Lin; Reed, Michael R. - In: American Journal of Agricultural Economics 92 (2010) 5, pp. 1351-1363
This paper evaluates agricultural trade creation and diversion effects of the most important free trade agreements (FTAs). Trade creation and diversion effects are estimated using a Poisson Pseudo-Maximum-Likelihood (PPML) estimator with various fixed effects to deal with heteroskedasticity and...