The effects of integration agreements in Western Hemisphere trade, 1970–2014

Martín-Mayoral, Fernando; Carofilis, Gabriela Morán; Guijarro, John Cajas

doi:10.1080/09638199.2015.1125519

Cited by 8 publications

(4 citation statements)

References 52 publications

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“…Several studies analyze the effects of major RTAs in the LAC region on trade between member countries (i.e., well-known trade creation effects). For example, Martin-Mayoral et al (2016) find trade creation effects for CACM, MERCOSUR, and CAN (in this order of magnitude) in bilateral exports from 19 Western hemisphere countries to their 40 main trading partners from 1970 to 2014. Additionally, they find that export diversification contributes the most to trade creation in MERCOSUR, followed by CACM and CAN, while intra-industry trade contributes to trade creation in CAN.…”

Section: Introductionmentioning

confidence: 93%

Do deep regional trade agreements facilitate regional production networks in Latin American and Caribbean countries?

Murakami

2023

Preprint

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Using a structural gravity model, this study analyzes the causal effects of the depth of regional trade agreements (RTAs) measured by the coverage and legal enforceability of WTO-plus and WTO-extra policy areas on the production networks trade in all 33 Latin American and Caribbean (LAC) countries from 1990 to 2016. The study constructs a unique dataset on the indexes of the depth, breadth, and core depth of all RTAs in force that include at least two LAC countries, based on a World Bank database on RTAs’ contents. Results indicate that both the depth and breadth of RTAs have positive effects on the intra-regional parts and components exports in the LAC region. However, the effects are substantially heterogeneous by the type of agreements and the characteristics of country-pairs. The depth of custom unions among Latin American countries, mainly the Southern Common Market (MERCOSUR), has positive effects, whereas the depth and breadth of plurilateral free trade agreements with developed countries outside the region (e.g., the United States or European countries) have negative effects. These findings are robust to the use of the mirror import data, the use of three-year interval data, and the inclusion of future values that control for reverse causality.

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Section: Introductionmentioning

confidence: 93%

Do deep regional trade agreements facilitate regional production networks in Latin American and Caribbean countries?

Murakami

2023

Preprint

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“…Hayakawa and Kimura (2015) found that free trade agreements (FTAs) successfully reduce tariff rates and non-tariff barriers (NTBs). Nevertheless, mixed effects were reported by Afesorgbor (2017), Caporale et al (2012), Didia et al (2015), Kahouli & Maktouf (2015), Martin-Mayoral et al (2016) who studied the impact of RTAs on exports by trade blocs in different regions as the Americas, Africa or Europe. Their results maintain alive a long-standing debate on the optimal mechanism for liberalizing international trade, confronting the multilateral negotiation approach to RTAs.…”

Section: Introductionmentioning

confidence: 99%

A sensitivity analysis on the impact of regional trade agreements in bilateral trade flows

Ahcar-Olmos

Rodríguez-Barco

2020

Estudios de Economía

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“…It is found out that IIT has a contribution to trade expansion, while export diversification negatively affects bilateral trade in these regional free trade agreements. (Martin-Mayoral, Carofilis, & Guijarro, 2016).…”

Section: Introductionmentioning

confidence: 99%

Trade Integration Indonesia-ASEAN4 in AEC Era: A Case of Wood-based Products

Tan

2020

The Winners

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The research was conducted to find out the level integration intensity using Grubel-Lloyd index. Moreover, since Horizontal and Vertical Intra-Industry Trade (IIT) could be distinguished, it was important to find out whether Indonesia-ASEAN4 IIT of wood-based products was in one of these categories. The Hufbauer index had been used as the measurement of product differentiation. Therefore, it could be the basic information for taking policy to boost Indonesia-ASEAN IIT for this industry. The data used comprise annual statistics of wood-based product export and import between Indonesia and ASEAN4 from 2010 to 2016 which were divided into eight categories of five digits ISIC. The Grubel-Lloyd index result shows that only ISIC 16102 has achieved strong integration, the others are still in mild and even weak integration. The Hufbauer index results show that all the values approached to zero, indicated that overall wood-based products traded by Indonesia-ASEAN4 are horizontally differentiated.

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The effects of integration agreements in Western Hemisphere trade, 1970–2014

Cited by 8 publications

References 52 publications

Do deep regional trade agreements facilitate regional production networks in Latin American and Caribbean countries?

Do deep regional trade agreements facilitate regional production networks in Latin American and Caribbean countries?

A sensitivity analysis on the impact of regional trade agreements in bilateral trade flows

Trade Integration Indonesia-ASEAN4 in AEC Era: A Case of Wood-based Products

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