Arbeitspapier
Do Hub-and-Spoke Free Trade Agreements Increase Trade? A Panel Data Analysis
We use panel data consisting of 96 countries and covering the period 1960–2000 to investigate the effects of free trade agreements (FTAs) and hub-and-spoke systems of FTAs on exports. Our empirical results imply an annual growth rate of 5.57% in exports, leading to a doubling of exports after 12.4 years, between FTA partners. Non-overlapping FTAs account for 4.12%, while hub-and-spoke FTAs account for 1.45% of the estimated export growth rate. This indicates that in addition to the direct trade liberalizing effect of FTAs, the hub-and-spoke nature of FTAs has an additional positive effect on trade.
- Sprache
-
Englisch
- Erschienen in
-
Series: ADB Working Paper Series on Regional Economic Integration ; No. 46
- Klassifikation
-
Wirtschaft
Economic Integration
- Thema
-
free trade agreement
hub and spoke
world bilateral trade data
panel data analysis
fixed effect
average treatment effect
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Alba, Joseph
Hur, Jung
Park, Donghyun
- Ereignis
-
Veröffentlichung
- (wer)
-
Asian Development Bank (ADB)
- (wo)
-
Manila
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Alba, Joseph
- Hur, Jung
- Park, Donghyun
- Asian Development Bank (ADB)
Entstanden
- 2010
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