Similarly, the model variables of Mérquez-Ramos and Martinez-Gomez (2014) do not reflect the different concessions in terms of commercial preferences. It may be interesting to look at other measures of heterogeneity of trade agreements, for example. B as in Kohl et al. (2013), as we do in this research. Bensassi, S., Mérquez-Ramos, L., Marténez-Zarzoso, I. (2012). Economic integration and the two trade margins: the impact of the Barcelona process on exports from North African countries. Journal of African Economies, 21 (2), 228-265. Each table presents the results for three different LHS variables: bilateral trade, EM or IM.
In addition, we have vertically arranged the list of the existing EIS, moving from flat to deeper. Intense trading margins react earlier than large margins, in line with the theory. Mr. Melitz (2003). The impact of trade in intra-company redeployments and overall industry productivity. Econometrica, 71 (6), 1695-1725. EUobserver (2009). Brussels` commitment to Latin American integration is being called into question. September 30, 2009. euobserver.com/economic/28749 Soete, S., Hove, J. V.
(2013). The European economic integration agreements have had the effect of mitigating the trade impact of the European economic integration agreements. (Document presented at ETSG 2013) University of Leuven: Birmingham. Krapohl, S., Fink, S. (2013). Various paths of regional integration: trade networks and the strengthening of regional institutions in Europe, South-East Asia and Southern Africa. Journal of Common Market Studies, 51 (3), 472-488. Kehoe, T., Ruhl, K. (2009). How important is the new market margin in international trade? (Staff report 324). Federal Reserve Bank of Minneapolis. Martinez-Zarzoso, I., Nowak-Lehmann, D.
F., Horsewood, N. (2009). Are regional trade agreements beneficial? Static and dynamic panel gravity models. North American Journal of Economics and Finance, 20 (1), 46-65. Florensa, L.M., Mérquez-Ramos, L., Recalde, M. L., Barone, M. V. (2014). Does economic integration increase trade margins? Empirical evidence from LAIAAs countries. (Working documents 2014/05). Economic Department, Universitat Jaume I: Castellin.
One of the main political sources of trade cost change is the creation of an Economic Integration Agreement (EIA), which could adversely affect the well-being of an importing country. This document: (i) provides the first evidence from both gravitational equations of extended margins (goods) affected by the EIS, which use a panel dataset containing a large number of country pairs, product categories and EIS from 1962 to 2000; (ii) provides the first evidence of the different (partial) effects of different EIAs on these intense and extensive trade ranges; and (iii) finds a new « timing » differentiated from the (partial) effects of the two high-margin margins, which appear earlier in the form of extensive margin effects, in line with the most recent theoretical forecasts.