The impact of preferential trade agreements on bilateral trade: A structural gravity model analysis

Yao, Xing; Zhang, Yongzhong; Yasmeen, Rizwana; Zhang, Cai

doi:10.1371/journal.pone.0249118

Cited by 10 publications

(11 citation statements)

References 64 publications

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“…With the proliferation of free trade agreements, there has been a surge in trade in intermediate goods. Recently, studies [38,39] analyzed the impact of PTAs on trade integration and global value chains (GVC) and showed that greater product liberalization could promote the development of the production network. Furthermore, the positive impacts of deep trade agreements on GVC integration were driven by value-added trade in intermediate, rather than final, goods and services.…”

Section: Literature Reviewmentioning

confidence: 99%

The Dark Matter of Bilateral Preferential Margins: An Assessment of the Effect of US Tariffs

Cipollina

Salvatici

2022

Sustainability

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This article aimed to quantify the impact of United States (US) trade policies and assess how changes in tariff margins will affect imports to the US. To do that, we estimated trade elasticities by sector using a gravity structural model, computed US preference margins on a bilateral basis, and investigated alternative scenarios for properly measuring the effects of US trade agreements on international trade. Results showed that the removal of all preferences might lead to a negative net effect of $41,202 million (2% of predicted trade), indicating that the actual US structure of tariffs generates a trade diversion to less efficient exporters and destroys trade flows, even if the impact differs by sector.

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Section: Literature Reviewmentioning

confidence: 99%

The Dark Matter of Bilateral Preferential Margins: An Assessment of the Effect of US Tariffs

Cipollina

Salvatici

2022

Sustainability

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“…Within the literature, the terms Free Trade Agreements (FTA) and Preferential Trade Agreements (PTA) are often used interchangeably, this report focuses on literature that explicitly focuses on PTAs. For example it is highlighted that in 2006, the South Asian Association for Regional Cooperation members formed their PTA (reffered to as the SAFTA -South Asian Free Trade Area) and the Association of Southeast Asian Nations member countries established the ASEAN Free Trade Area (AFTA) in 1992 to boost trade among member countries (Yao et al, 2021). In turn the Chinese Government identified that is has a number of trade agreements designated as twenty two FTAs and only one PTA.…”

Section: Preferential Trading Agreementsmentioning

confidence: 99%

China’s Preferential Trading Schemes for Developing Countries

Avis¹

2022

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This literature review collates available evidence on China’s preferential trading schemes for developing countries. It draws on a diverse range of sources from multiple academic disciplines and grey literature. The review focuses explicitly on that literature that discusses preferential trade agreements as a specific form of free trade agreements. The review acknowledges that impacts are multidimensional and multifaceted and will be reflected differently across sectors and countries making conclusions hard to reach. One of the most important elements of many countries trade policy since the turn of the century has been the rapid growth of various forms of Free Trade Agreements (FTAs). There are different definitions of PTAs, some include regional trade agreements as a form of PTA i.e. where a country gives preferential trade to your regional partners - this is not always true and WTO does not define RTAs as PTA. A preferential trade area established via a preferential trade agreement is a trading bloc that gives preferential access to certain products from participating countries. This is accomplished by reducing trade tariffs and is considered a first stage of economic integration.

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“…There are global studies on the impact of preferential trade agreements, as [ 4 ] who did an analysis of 189 countries to identify the global production network and product-base coverage index, calculated in terms of intermediate good, final goods, commodities and services trade, over the period 1990–2015.…”

Section: Literature Review and Contextmentioning

confidence: 99%

Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement

2021

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Generally, research and studies about commodities focus on price trends, analysis in terms of international competitiveness, market position structure, rate of net exports, market share, and concentration index. This paper has developed an analysis of the most influential agricultural commodities traded from Colombia to European Union, which are bananas, coffee, and palm oil. Analyzing the economic and commercial effects in two traditional agricultural commodities from Colombia (bananas and coffee) with the rise of palm oil as a commodity in the trade relation with its partner; the European Union. The structure draws from the overview of general aspects and the behavior of Colombian foreign trade, as diversification of export products and trade partners, to focus on the characteristics of the trade relationship between the European Union and Colombia. The aim is analyze the proportional relation between bananas, coffee, and palm oil exported to the EU, according to three indicators, the volume of production, exports share, and trade value, from 2008 until 2019, identifying the trends before and after the implementation of the free trade agreement. Finally, with the coefficient correlation, determine the agricultural commodity that has the strongest and positive relationship with the total agricultural exports value from Colombia to the European Union.

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The impact of preferential trade agreements on bilateral trade: A structural gravity model analysis

Cited by 10 publications

References 64 publications

The Dark Matter of Bilateral Preferential Margins: An Assessment of the Effect of US Tariffs

The Dark Matter of Bilateral Preferential Margins: An Assessment of the Effect of US Tariffs

China’s Preferential Trading Schemes for Developing Countries

Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement

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