Trade Creation Effects of Regional Trade Agreements: Tariff Reduction versus Non-tariff Barrier Removal

Kazunobu Hayakawa, Tadashi Ito, Fukunari Kimura

研究成果: Article査読

10 被引用数 (Scopus)

抄録

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.

本文言語English
ページ(範囲)317-326
ページ数10
ジャーナルReview of Development Economics
20
1
DOI
出版ステータスPublished - 2016 2月 1

ASJC Scopus subject areas

  • 地理、計画および開発
  • 開発

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