Trade Liberalization Schedules and Members' Development Characteristics: How are They Connected and Why do They Matter to Trade Agreements?

• 영문명: Trade Liberalization Schedules and Members' Development Characteristics: How are They Connected and Why do They Matter to Trade Agreements?
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Khac Lich Hoang Duc Bao Nguyen
• 간행물 정보: 『Journal of Economic Integration』제37권 제4호, 734~789쪽, 전체 56쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.12.01

영문 초록

This study examines whether the length of the implementation periods of regional trade agreement (RTA) in relation to trade liberalization schedules and the level of development of member countries affect members' trade. The analysis finds that RTAs formed by partner countries with a similar level of economic development lead to increased trade among members than among North-South RTAs during a shorter transition period of trade and tariff liberalization, regardless of the degree of integration being shallow or deep. The average long-term effects of RTAs formed by developing countries on members' trade diminish 15 years after their implementation. In distinguishing trade direction from developed to developing countries and vice versa, we noted that direction-specific South-North RTAs appear to take less time to see larger increases in Southern exports to the Northern members than direction-specific North-South RTAs do.

목차

I. Introduction

II. RTA Implementation Periods of Trade Liberalization: Some Stylized Facts

III. Related Literature

IV. Methodology Framework and Data Description

V. Main Results

VI. Extensions

VII. Concluding Remarks

References

Appendix

키워드

North-South integration regional trade agreements trade liberalization government procurement