Trade Diversion under Selective Preferential Market Access
The European Community (EC) operates a multi-layered GSP scheme in which different groups of developing countries are granted varying degrees of market access. This paper analyzes the question of trade diversion among different categories of beneficiary countries ensuing from the selectivity of preferential market access. Evidence from a disaggregated panel data analysis reveals sizable intra-developing country trade diversion. The losses for relatively disadvantaged countries in terms of forgone trade volume are estimated to range between about 2% to 20% of their total trade with the EC. The distortions are driven by highly substitutable, mostly labour-intensive commodities.
Saved in:
Main Author: | Borchert, Ingo |
---|---|
Format: | Journal Article biblioteca |
Language: | EN |
Published: |
2009
|
Subjects: | Trade Policy, International Trade Organizations F130, Country and Industry Studies of Trade F140, Economic Integration F150, |
Online Access: | http://hdl.handle.net/10986/5435 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Trade Facilitation in ASEAN Member Countries: Measuring Progress and Assessing Priorities
by: Shepherd, Ben, et al.
Published: (2009) -
Transparency and Regional Integration in the Asia Pacific
by: Helble, Matthias, et al.
Published: (2009) -
On the Conservation of Distance in International Trade
by: Berthelon, Matias, et al.
Published: (2008) -
Regionalism in Standards: Good or Bad for Trade?
by: Chen, Maggie Xiaoyang, et al.
Published: (2008) -
Beyond the Information Technology Agreement: Harmonisation of Standards and Trade in Electronics
by: Portugal-Perez, Alberto, et al.
Published: (2010)