Impact Of Regional Agreement

Ahearn, R. J. (2011). Europe`s regional trade agreements: status, content and implications. CRS Report for Congress, Congressional Research Service Adams, R., Dee, P., Gali, J., McGuire, G. (2003). The trade and investment effects of regional trade agreements – old and new knowledge. Productivity Commission working paper. Canberra, Australia: Australian Government, Productivity Commission, May Roy J (2010) Do customs Union members have more bilateral trade relations than members of the free trade agreement? Rev Int Econ 18 (4):663-681 Soete S, Van Hove J (2017) Dissecting the trade effects of European economic integration agreements.

J Econ Integr 32 (1): 193-243 The effects of regional trade agreements (RTA) on foreign direct investment (FDI) depend on both the origin and type of foreign direct investment. To assess the different impacts of ATRs, I distinguish the different types of foreign direct investment using data on the sales objectives of multinational subsidiaries (MNEs), while working on the endogenous of RTA training. In line with the NSM theory, I note that RTAs reduce horizontal diins from intra-RTA countries and increase the export platform and overall FDI of non-RTA countries. In addition, the overall effects of RTA are positive for extra-RTA FDI, but are not consistent for INTRA-RTA-DI. The results also support the impact of economies of scale in integrated markets on the induction of extra-RTA FDI. The agreements recently concluded by the EU with the Republic of Korea in 2011, the East African and South African countries in 2012 and Central America, Peru and Colombia in 2013 were omitted from the analysis because the time frame for these ATRs was too short to accurately analyze their trade effects. Bayoumi T, Eichengreen B (1997) Is regionalism just a distraction? Evidence of the evolution of the EC and EFTA. In: Ito T, Krueger AO (eds) Regionalism vs. Multilateral Trade Agreements. University of Chicago Press, Chicago RTA is the generic name that refers to five types of trade agreements: Preferential Trade Agreements (EPZs), Free Trade Agreements (FTA), Customs Unions (CUs), Common Markets and Economic Unions.

Frankel JA, Wei S-J (1998) Regionalization of World Trade and Currencies: Economy and Politics. In: Frankel J (Ed) The regionalization of the global economy. University of Chicago Press, Chicago Baier SL, Bergstrand JH (2009) Estimates of the impact of the free trade agreement on international trade flows with a coherent economy. J Int Econ 77:63-76 Studnicka, Z., Thierie, W. – Van Hove, J. The impact of regional trade agreements on European exports. Int Econ Econ Policy 16, 467-488 (2019). Benedictis L, Taglioni D (2011) In: De Benedictis L, Salvatici L (eds) The trade impact of European Union regional policies.

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