This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Journal: Economic Policy: Vol. 3 No. 3 (August 2011)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Policy - All Issues

AEJ: Policy Forthcoming Articles

The Trade Effects of Endogenous Preferential Trade Agreements

Article Citation

Egger, Peter, Mario Larch, Kevin E. Staub, and Rainer Winkelmann. 2011. "The Trade Effects of Endogenous Preferential Trade Agreements." American Economic Journal: Economic Policy, 3(3): 113-43.

DOI: 10.1257/pol.3.3.113

Abstract

Structural new trade theory models have never been used to evaluate and quantify the role of preferential trade agreement (PTA) membership for trade in a way which is consistent with general equilibrium. Apart from filling this gap, the present paper aims at delivering an empirical model which takes into account both that PTA membership is endogenous and that the world matrix of bilateral trade flows contains numerous zero entries. These features are treated in an encompassing way by means of (possibly two-part) Poisson pseudomaximum likelihood estimation with endogenous binary indicator variables in the empirical model. (JEL F11, F13, F15)

Article Full-Text Access

Full-text Article

Additional Materials

Download Data Set (2.31 MB)

Authors

Egger, Peter (ETH Zurich and U Nottingham)
Larch, Mario (U Bayreuth and CESifo, Munich)
Staub, Kevin E. (U Zurich)
Winkelmann, Rainer (U Zurich and CESifo, Munich)

JEL Classifications

F11: Neoclassical Models of Trade
F13: Trade Policy; International Trade Organizations
F15: Economic Integration

Comments

View Comments on This Article (0) | Login to post a comment


American Economic Journal: Economic Policy


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Policy - All Issues

AEJ: Policy - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us