2014
DOI: 10.11130/jei.2014.29.1.64
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Consequence of Regional Trade Agreements to Developing Countries

Abstract: We investigate the effects of 12 major Regional Trade Agreements (RTAs) on intraand extra-regional trade flows in member developing countries, both intra-RTA trade and the effect of RTAs on non-member trade over 1981~2008. We address and resolve statistical problems caused by logarithms, zero observations, and heteroskedasticity. Our regression results are not favorable to regional integration as a substitute for multilateral trade liberalization, although there are exceptions. Several RTAs fail to generate in… Show more

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Cited by 16 publications
(15 citation statements)
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References 28 publications
(25 reference statements)
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“…capturing trade creation, export trade creation, and import trade creation in the gravity model. Most of the literatures conclude that ASEAN trade bloc has been found to generate intra-trade creation namely Endoh (2000), Carrere (2004Carrere ( , 2006, Elliott &Ikemoto (2004), Kien & Hashimoto (2005), Kien (2009), Acharya et al (2011), Cissokhoet al (2013), and MacPhee & Sattayanuwat (2014. A few studies show that ASEAN have intra-trade diversion namely Soloaga & Winters (2001) and Tumbarello (2007).…”
Section: Gravity Model 8 and Datamentioning
confidence: 99%
See 1 more Smart Citation
“…capturing trade creation, export trade creation, and import trade creation in the gravity model. Most of the literatures conclude that ASEAN trade bloc has been found to generate intra-trade creation namely Endoh (2000), Carrere (2004Carrere ( , 2006, Elliott &Ikemoto (2004), Kien & Hashimoto (2005), Kien (2009), Acharya et al (2011), Cissokhoet al (2013), and MacPhee & Sattayanuwat (2014. A few studies show that ASEAN have intra-trade diversion namely Soloaga & Winters (2001) and Tumbarello (2007).…”
Section: Gravity Model 8 and Datamentioning
confidence: 99%
“…Here we follow MacPhee and Sattayanuwat (2014). They employed three dummies following Soloaga and Winters (2001) and expressed a typology of trade creation and diversion drawn up by Trotignon (2010).…”
Section: Gravity Model 8 and Datamentioning
confidence: 99%
“…Kereskedelemeltérítés esetén azonban a külső, integráción kívüli partnerekkel folytatott, hatékonyabb kereskedelmet helyettesítik drágább belső termékkel (MacPhee-Sattayanuwat [2014] 5 mindazonáltal egyes tanulmányok kiemelik, hogy a kapcsolat nem egyértelmű, és a kereskedelem gazdasági növekedésre gyakorolt hatása hosszú távon csökken (Hur-Park [2012], Menyah és szerzőtársai [2014]). nagyon heterogén képet mutatnak.…”
Section: Az Integrációk Kereskedelmét Befolyásoló áLtalános Tényezőkunclassified
“…mi több, már a Jacob Viner nevével fémjelzett vámunió-elmélet is a kereskedelem oldaláról közelítette az integrációkat. természetesen Viner [1950] különbséget tett kereskedelemteremtés 3 és kereskedelemeltérítés között, amelyek egyenlege adhatja az integrációból származó hasznot (Kocziszky [2000], MacPhee-Sattayanuwat [2014]). az ezredfordulót követően, de főként a 2008-as válság után a protekcionizmus újbóli megjelenése és a globalizáció lassulása tovább erősítette a regionális csoportosulások szerepét, amelyeknek legfontosabb tartalmi vonása a kereskedelem ösztönzése maradt (Bernek [2010]).…”
unclassified
“…The economic impacts of RTAs can as well be figured out by looking at their effects on world and regional trade patterns. MacPhee & Sattayanuwat (2014) have endeavored to address this matter in a paper utilizing data on 12 RTAs in the developing world. Like inChala& Lee (2015), the empirical work is based upon a PPML technique applied to both RTAs and non-RTAs members.…”
Section: Ii-literature Reviewmentioning
confidence: 99%