182020Dec

The Design Of International Trade Agreements

Mansfield, E., Milner, H., Rosendorff, P. (2002). Why democracies cooperate more: electoral control and international trade agreements. International Organization, 56 (3), 477-514. Preferential trade agreements (EPZs) have grown more and more over the past two decades. A great literature has studied different aspects of this phenomenon. Until recently, however, many Large N studies have paid little attention to variations between PTAs in terms of content and design. Our contribution to this literature is a new set of data on the design of trade agreements, which is the most comprehensive, both in terms of coding variables and covered agreements. We illustrate the usefulness of the dataset to re-check whether and to what extent EDPs influence trade flows. The analysis shows that the PTA increases trade flows on average, but that this effect is largely fuelled by deep agreements. In addition, we provide evidence that regulatory provisions across the border are important for trade flows. However, the contribution of the data set is not limited to the PTA literature. The new data will also benefit from a wider debate on issues such as the organization of institutions and the legalization of international relations.

Bethe, T., Milner, H. (2008). The policy of foreign direct investment in developing countries: increased foreign direct investment through international trade agreements? American Journal of Political Science, 52 (4), 741-62. Rickard, S., & Kono, D(2013). Global think, buy local: international agreements and public procurement. Evaluation of international organizations. doi:10.1007/s11558-013-9177-x. Square, C. (2006). review the impact of regional trade agreements on trade flows, with an appropriate specification of the gravity model. European Economic Review, 50 (2), 223-247.

J. Roy (2010). Do members of the customs union have more bilateral trade relations than members of the free trade agreement? Review of International Economics, 18(4), 663-81. Keywords: preferential trade agreements; The new regionalism; The organisation of institutions; Dataset Trade flows Gravity model F140; F150; F5 (Search for Similar Elements in EconPapers) Date: 2014 References: References in EconPapers See full reference list of CitEc Quotes: Quotes in EconPapers (117) Follow quotes from RSS Indeed, in our dataset, comprehensive free trade agreements have an average transition period of 5.7 years compared to 1.7 years for partial trade agreements.