Title data
Egger, Peter ; Larch, Mario:
Interdependent Preferential Trade Agreement Memberships: An Empirical Analysis.
In: Journal of International Economics.
Vol. 76
(2008)
Issue 2
.
- pp. 384-399.
ISSN 0022-1996
DOI: https://doi.org/10.1016/j.jinteco.2008.08.003
Abstract in another language
The establishment of a new preferential trade agreement (PTA) or the expansion of an existing one alters the incentives of non-members to participate in a PTA. This can lead to a domino effect whereby non-members join an existing PTA. Or it can lead a pair of countries to establish a new PTA. We examine the determinants of why a pair of countries enters a bilateral PTA. Our emphasis is on (a) the impact of pre-existing PTAs and (b) whether this impact is larger when the members of pre-existing PTAs are on average geographically close to the pair of countries. Using data for 145 countries during 1955–2005, we find evidence that pre-existing PTAs increase the probability that a country-pair will enter a bilateral PTA and that this effect diminishes with distance. The analysis makes use of techniques drawn from spatial econometrics.
Further data
Item Type: | Article in a journal |
---|---|
Refereed: | Yes |
Keywords: | Probit model; Spatial econometrics; preferential trade agreements |
Subject classification: | F15; C11; C15; C25 |
Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research > Chair Economics VI: Empirical Economic Research - Univ.-Prof. Dr. Mario Larch Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics |
Result of work at the UBT: | No |
DDC Subjects: | 300 Social sciences > 330 Economics |
Date Deposited: | 14 Oct 2015 13:07 |
Last Modified: | 20 Jan 2022 13:02 |
URI: | https://eref.uni-bayreuth.de/id/eprint/16639 |