Are Free Trade Agreements contagious?

被引:161
|
作者
Baldwin, Richard [1 ]
Jaimovich, Dany [2 ]
机构
[1] Ctr Trade & Econ Integrat, Grad Inst Int & Dev Studies, CH-1211 Geneva 21, Switzerland
[2] Goethe Univ Frankfurt, Fac Econ & Business Adm, D-60323 Frankfurt, Germany
关键词
Contagion index; Free Trade Agreements; International trade; Regionalism; Domino theory of regionalism; CUSTOMS UNIONS; BLOC FORMATION; REGIONALISM; DETERMINANTS;
D O I
10.1016/j.jinteco.2012.03.009
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper tests the hypothesis that the domino-like spread of regionalism is partly driven by 'defensive' FTAs, i.e. FTAs signed to reduce discrimination created by third-nation FTAs. A theory-based measure is used to test contagion against alternative determinants of regionalism. The main finding is that contagion is present in our data and robust to various econometric specifications, samples, and inclusions of various economic and political controls including the Baier-Bergstrand controls. Some support is found for political theories that stress 'political distance' but none for those that stress 'slow multilateralism'. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:1 / 16
页数:16
相关论文
共 50 条