6533b829fe1ef96bd128a231

RESEARCH PRODUCT

Do nonreciprocal preferential trade agreements increase beneficiaries' exports?

José Antonio Martínez-serranoSalvador Gil-parejaRafael Llorca-vivero

subject

EstimationEconomics and EconometricsEconomicsDeveloping countryEconometric analysisInternational economicsGravity equationDevelopment

description

Abstract This paper investigates whether and to what extent nonreciprocal preferential trade agreements (NRPTAs) have increased developing countries' exports to richer countries. Using recent developments in the econometric analysis of the gravity equation over the period 1960–2008, we find robust evidence that, on the whole, NRPTAs and the Generalized System of Preferences have had an economically significant effect on exports from developing countries. However, the estimation of catch-all dummies masks heterogeneous results for the individual programs.

yearjournalcountryeditionlanguage
2014-03-01Journal of Development Economics
https://doi.org/10.1016/j.jdeveco.2014.01.002