Opening the Black Box of Trade Agreements

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In this chapter the author presents a coding methodology to capture the heterogeneity of trade agreements and to facilitate quantitative analysis departing from qualitative legal differences in trade agreements. The coding is based on whether the provisions of the World Trade Organization (WTO) are covered by free trade agreements, as well as whether they are legally enforceable. Then, the author offers a heterogeneity index that is used to analyze the content of a trade agreement. The index can be used in gravity models to estimate the effect of FTAs on trade.
Original languageEnglish
Title of host publicationIndicator-Based Monitoring of Regional Economic Integration
Subtitle of host publicationFourth World Report on Regional Integration
EditorsPhilippe De Lombaerde, Edgar J. Saucedo Accosta
PublisherSpringer International Publishing
ISBN (Electronic)978-3-319-50860-3
ISBN (Print)978-3-319-50858-0
Publication statusPublished - 2017

Publication series

NameUnited Nations University Series on Regionalism
PublisherSpringer International Publishing
ISSN (Print)2214-9848

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