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 language | English |
|---|---|
| Pages (from-to) | 487-496 |
| Number of pages | 10 |
| Journal | Applied Economics |
| Volume | 37 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - 2005 Mar 20 |
Fingerprint
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 journal › Article
}
TY - JOUR
T1 - The effects of the GSTP on trade flow
T2 - Mission accomplished?
AU - Endoh, Masahiro
PY - 2005/3/20
Y1 - 2005/3/20
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=16244418355&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=16244418355&partnerID=8YFLogxK
U2 - 10.1080/0003684042000318182
DO - 10.1080/0003684042000318182
M3 - Article
VL - 37
SP - 487
EP - 496
JO - Applied Economics
JF - Applied Economics
SN - 0003-6846
IS - 5
ER -