首页 | 本学科首页   官方微博 | 高级检索  
     


Trade Creation Effects of Regional Trade Agreements: Tariff Reduction versus Non‐tariff Barrier Removal
Authors:Kazunobu Hayakawa  Tadashi Ito  Fukunari Kimura
Affiliation:1. Bangkok Research Center, Institute of Developing Economies, Bangkok, Thailand;2. Inter‐disciplinary Studies Center, Institute of Developing Economies, Chiba, Chiba Prefecture, Japan;3. Faculty of Economics, Keio University, Tokyo, Japan
Abstract:This study uses the most disaggregated tariff line‐level trade data in a large number of countries in the world to empirically decompose the trade creation effects of regional trade agreements (RTAs) into those owing to tariff reduction and those owing to non‐tariff barrier (NTB) removal. Specifically, utilizing our detailed dataset, we employ the standard gravity equation and identify those effects by estimating the trade creation effects of RTAs for ineligible and eligible products for RTA preferential schemes separately. Our major findings are as follows. First, for the whole sample, there are significantly positive trade creation effects owing to tariff reduction while the effects for NTB removal are weak. Second, the trade creation effects of tariff reduction and NTB removal are substantially large in the case of trade among low‐income countries but weak among high‐income countries.
Keywords:
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号