Terms of trade and global efficiency effects of free trade agreements, 1990-2002
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- 作者：James E. Andersona ; ; Yoto V. Yotovb ; c
- 关键词：F13 ; F14 ; F16
- 刊名：Journal of International Economics
- 出版年：2016
- 出版时间：March 2016
- 年：2016
- 卷：99
- 期：Complete
- 页码：279-298
- 全文大小：488 K
文摘
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We infer the terms of trade effects of free trade agreements implemented 1990–2002.
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Panel data methods resolve two way causality between trade and FTAs.
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Some members gain over 5% of real manufacturing income.
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Some non-members lose less than 0.3%.
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Global efficiency rises 0.9% using novel distance function measure.