Do regional trade agreements increase trade? Empirical evidence from the Asia-Pacific region

被引:6
|
作者
Gharleghi, Behrooz [1 ]
Shafighi, Najla [2 ]
机构
[1] Univ Catolica Los Angeles Chimbote, Inst Invest, Chimbote, Peru
[2] Bbw Univ Appl Sci, Berlin, Germany
关键词
AANZFTA; AFTA; APTA; Asia-Pacific; free trade area; gravity model; regional trade; EXCHANGE-RATE VOLATILITY; INTERNATIONAL-TRADE; EAST-ASIA; CREATION; LINDER; FLOWS;
D O I
10.1111/ecaf.12435
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines the effects of regional trade agreements. The augmented gravity model of international trade is used to test for trade creation and diversion in the context of trade agreements in the Asia-Pacific region. The results of the estimated model indicate that trade has increased among the members of AFTA and APTA but not among the AANZFTA members. Differences in the levels of development appear to have a significant impact on trade flows, suggesting that there can be no general presumption about the extent of trade creation and trade diversion.
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页码:419 / 435
页数:17
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