Impact of Regional Trade Agreements in East Asia on Members’ Trade Flows

2014 ◽  
Vol 31 (3) ◽  
pp. 361 ◽  
Author(s):  
Sithanonxay Suvannaphakdy ◽  
Toshihisa Toyoda
Keyword(s):  
East Asia ◽  
Trade Agreements ◽  
Trade Flows ◽  
Regional Trade Agreements ◽  
Regional Trade

TRADE AND ECONOMIC COOPERATION BETWEEN US, CANADA AND MEXICO IN THE CONTEXT OF NAFTA AND USMCA AGREEMENTS

2020 ◽  
pp. 583-614
Author(s):  
Nadiia KRYVENKO
Keyword(s):  
Foreign Trade ◽  
Agricultural Sector ◽  
Trade Agreements ◽  
Trade Flows ◽  
Agricultural Products ◽  
Regional Trade Agreements ◽  
Total Trade ◽  
Regional Trade ◽  
Before And After ◽  
The Usa

The development of the USA, Canada and Mexico is studied taking into account the signing of the new USMCA Agreement, and some differences from the previous NAFTA are presented in accordance with modern challenges. The foreign trade of the association and its separate member states is analysed, their shares in the general trade are determined, and basic indicators of international trade are calculated. The main directions of trade flows and the importance of partner countries with regards to each other are identified. Exports are analysed taking into account the periods before and after the conclusion of the Agreement, while changes of intra-regional trade between the partner countries are investigated. Particular attention is paid to the study of foreign trade in agricultural products. Its share in total trade in goods is defined, the basic indicators are analysed, features concerning directions are determined. Trade trends taking into account North-South integration are considered, and the corresponding features are revealed. The importance of the agricultural sector in the new USMCA Agreement is presented as a result of the consideration of trade policy for agricultural products. It is proposed to take into account certain provisions of USMCA when concluding regional trade agreements of Ukraine in the future, as well as the possible impact on trade with Ukraine.

scholarly journals Trade creation and trade diversion effects from Croatia’s CEFTA and EU membership

2021 ◽  
Vol 72 (4) ◽  
pp. 489-521
Author(s):  
Hrvoje Jošić ◽  
Maja Bašić
Keyword(s):  
Random Effects ◽  
Trade Diversion ◽  
Trade Agreements ◽  
Trade Flows ◽  
Regional Trade Agreements ◽  
Trade Creation ◽  
Total Trade ◽  
Regional Trade ◽  
Eu Membership ◽  
The Eu

This paper provides a detailed empirical study of trade creation and trade diversion effects arising from Croatia's two regional trade agreements, the Central European Free Trade Agreement (CEFTA) and the European Union (the EU). It offers a foundation for discussion about future trade policies in terms of benefits and drawbacks from those regional trade agreements. Croatia’s imports, exports and total trade flows with 180 trading partner countries were examined for the period of 2000 – 2016. Cross-country panel regression using gravity model of international trade assessed pooled OLS, fixed and random effects, as well as more robust Tobit and PPML estimator models. The random effects model found positive effects of Croatia-CEFTA integration evident in trade creation in imports, exports and total trade flows. Croatia-EU integration exhibits no significant effect of trade creation in neither imports, exports nor total trade flows. Nonetheless, there is a trade diversion effect in cases of imports and total trade flows. In the Tobit model CEFTA created trade in imports, exports and total trade flows, while the EU diverted trade in imports and total trade flows. Finally, the robust PPML estimator found that: (1) CEFTA membership created trade in imports, exports and total trade flows, and (2) the EU membership diverted trade in imports and exports, and created trade in total trade flows.

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