The Trade Liberalization Effects of Regional Trade Agreements

Volker Nitsch and Daniel Sturm

No 331265, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Recent research suggests that membership in the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is not associated with more liberal trade policies. In this paper, we ask if membership in a regional trade agreement (RTA) helps to liberalize trade. Using 63 trade policy measures, we find that RTA membership has, on average, no measurable effect on a country’s trade policy. We also find considerable differences across RTAs, with member countries in the European Union being significantly more open and less protectionist than members in other RTAs.

Keywords: International Relations/Trade; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 31
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331265

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