Terms of trade and global efficiency effects of free trade agreements, 1990–2002

This paper infers the terms of trade effects of free trade agreements (FTAs) implemented in the 1990s. We estimate large FTA effects on bilateral trade volume in 2 digit manufacturing goods from 1990–2002, using panel data gravity methods to resolve two way causality. The terms of trade changes impl...

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Veröffentlicht in:	Journal of international economics 2016-03, Vol.99, p.279-298
Hauptverfasser:	Anderson, James E., Yotov, Yoto V.
Format:	Artikel
Sprache:	eng
Schlagworte:	Causality Distance Function Equilibrium Free trade Free trade agreements Gravity Manycountries Studies Terms of Trade Trade agreements
Online-Zugang:	Volltext
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