The effects of the GSTP on trade flow

Mission accomplished?

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

This paper investigates whether the Global System of Trade Preferences among developing countries (GSTP) achieves its intent to increase the trade of capital goods between member countries. For this purpose, trade data disaggregated by the degree of commodity differentiation and various GSTP regional dummies are employed in a gravity equation. Estimation results say that the value of trade between GSTP member countries has increased significantly since the formation of the GSTP in 1989, and the trade of differentiated commodities has increased remarkably compared with other commodities. Therefore, it can be asserted that the mission of the GSTP has been accomplished successfully.

Original languageEnglish
Pages (from-to)487-496
Number of pages10
JournalApplied Economics
Volume37
Issue number5
DOIs
Publication statusPublished - 2005 Mar 20

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Trade flows
Commodities
Trade preferences
Gravity equation
Developing countries

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

The effects of the GSTP on trade flow : Mission accomplished? / Endoh, Masahiro.

In: Applied Economics, Vol. 37, No. 5, 20.03.2005, p. 487-496.

Research output: Contribution to journalArticle

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