English, Article, Journal or magazine article edition: On the Relationship Between RTA Expansion and Openness Chang Hoon Oh; Michele FRATIANNI; Chang HOON HO

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Bookmark: http://trove.nla.gov.au/version/18757
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • On the Relationship Between RTA Expansion and Openness
Author
  • Chang Hoon Oh
  • Michele FRATIANNI
  • Chang HOON HO
Physical Description
  • preprint
Notes
  • RePEc:iuk:wpaper:2007-13
  • We test the relationship between the size of regional trade agreements (RTA) and openness using a gravity equation with multilateral trade factors on a large sample of 143 countries over period 1980-2003. Our sample includes eleven RTAs, seven with constant membership and four with an expanding membership. In the first group, there are more stumbling blocs than building blocs to freer global trade. In the second group, the opposite holds. We also find that regional trade bias declines with the size of the club and that three of the four expanding RTAs have already surpassed their ‘optimal’ size.
  • gravity equation, plurilateral RTAs, size, trade creation, trade diversion
  • RePEc:anc:wpaper:288
Language
  • English
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