G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16098
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
URLhttps://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.
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