Do South-South Trade Agreements Increase Trade? : Commodity-Level Evidence from COMESA /

South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade patterns. S...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Mayda, Anna Maria
अन्य लेखक: Steinberg, Chad
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2007.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2007/040
ऑनलाइन पहुंच:Full text available on IMF
विवरण
सारांश:South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade patterns. Specifically, it estimates the impact of the Common Market for Eastern and Southern Africa (COMESA) on Uganda's imports between 1994 and 2003. Detailed import and tariff data at the 6-digit harmonized system level are used for more than 1,000 commodities. Based on a difference-in-difference estimation strategy, the paper finds that-in contrast to evidence from aggregate statistics-COMESA's preferential tariff liberalization has not considerably increased Uganda's trade with member countries, on average across sectors. The effect, however, is heterogeneous across sectors. Finally, the paper finds no evidence of trade-diversion effects.
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भौतिक वर्णन:1 online resource (35 pages)
स्वरूप:Mode of access: Internet
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