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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16098 |
DP16098 The Political Economy of Preferential Trade Agreements: An Empirical Investigation | |
Giovanni Facchini; Peri A Silva; Gerald Willmann | |
发表日期 | 2021-05-02 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We develop a political economy model to study the decision of representative democracies to join a preferential trading agreement (PTA), distinguishing between free trade areas (FTA) and customs unions (CU). Our theoretical analysis shows that bilateral trade imbalances and income inequality are important factors determining the formation of PTAs, whereas the patterns of geographic specialisation explain whether a CU or an FTA will emerge. Our empirical analysis - using a comprehensive panel dataset spanning 187 countries over the period 1960-2015 - provides strong support for these predictions. |
主题 | International Trade and Regional Economics |
关键词 | Free trade areas Customs unions Trade imbalances Income inequality |
URL | https://cepr.org/publications/dp16098 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545075 |
推荐引用方式 GB/T 7714 | Giovanni Facchini,Peri A Silva,Gerald Willmann. DP16098 The Political Economy of Preferential Trade Agreements: An Empirical Investigation. 2021. |
条目包含的文件 | 条目无相关文件。 |
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