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Títol:
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The impact of FTAs on MENA trade in agricultural and industrial products
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Autor/a:
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Parra, Maria Dolores; Martínez Zarzoso, Inmaculada; Suárez Burguet, Celestino
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Altres autors:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Abstract:
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This paper analyses the impact of Free Trade Agreements (FTAs) on Middle East and
North African Countries (MENA) trade for the period 1994-2010. The analysis
distinguishes between industrial and agricultural trade to take into account the different
liberalisation schedules. An augmented gravity model is estimated using up-to-date panel
data techniques to control for all time-invariant bilateral factors that influence bilateral
trade as well as for the so-called multilateral resistance factors. We also control for the
endogeneity of the agreements and test for self-selection bias due to the presence of zero
trade in our sample. The main findings indicate that North-South-FTAs and South-South-
FTAs have a differential impact in terms of increasing trade in MENA countries, with the
former being more beneficial in terms of exports for MENA countries, but both showing
greater global market integration. We also find that FTAs that include agricultural
products, in which MENA countries have a clear comparative advantage, have more
favourable effects for these countries than those only including industrial products.
JEL code: F10, F15 |
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Data de publicació:
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2015 |
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Matèries (CDU):
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339 - Comerç. Relacions econòmiques internacionals. Economia mundial. Màrqueting |
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Matèries:
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Negocis
Finances internacionals
Integració econòmica |
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Drets:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
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Pàgines:
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19 p. |
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Tipus de document:
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Document de treball |
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Publicat per:
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Universitat Rovira i Virgili. Departament d'Economia
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Col·lecció:
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Documents de treball del Departament d'Economia;2015-16
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Compartir:
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