Journal article
On the trade-diversion effects of free trade agreements
Economics letters, v 122(2), pp 321-325
Feb 2014
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
Trade-diversion effects of free trade agreements (FTAs) have not been thoroughly examined empirically. Using a novel empirical approach, we confirm that FTAs divert trade away from non-member countries and even more so from internal trade (domestic sales) in member countries.
•We identify the trade diverting effects of Free Trade Agreements (FTAs).•We confirm that FTAs divert trade away from non-member countries.•We find that trade diversion is stronger for imports than for exports.•Diversion from internal trade is stronger than diversion from external trade.•Internal trade diversion is increasing in the number of FTAs.
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Details
- Title
- On the trade-diversion effects of free trade agreements
- Creators
- Mian Dai - Drexel UniversityYoto V. Yotov - Bulgarian Academy of SciencesThomas Zylkin - Drexel University
- Publication Details
- Economics letters, v 122(2), pp 321-325
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000331687400049
- Scopus ID
- 2-s2.0-84891706667
- Other Identifier
- 991019168610204721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics