EconPapers    
Economics at your fingertips  
 

Does regionalism affect trade liberalization toward non-members ?

Antoni Estevadeordal, Caroline Freund () and Emanuel Ornelas

No 4751, Policy Research Working Paper Series from The World Bank

Abstract: This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector leads to a reduction in the external (most-favored nation) tariff in that sector. External liberalization is greater if preferences are granted to important suppliers. However, these"complementarity effects"of preferential liberalization on external liberalization do not arise in customs unions. Overall, the results suggest that concerns about a negative effect of preferential liberalization on external trade liberalization are unfounded.

Keywords: Free Trade; Trade Policy; International Trade and Trade Rules; Trade and Regional Integration; Trade Law (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2008-10-01
References: Add references at CitEc
Citations: View citations in EconPapers (67) Track citations by RSS feed

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... ered/PDF/WPS4751.pdf (application/pdf)

Related works:
Journal Article: Does Regionalism Affect Trade Liberalization Toward Nonmembers? (2008) Downloads
Working Paper: Does Regionalism Affect Trade Liberalization Towards Non-Members? (2008) Downloads
Working Paper: Does regionalism affect trade liberalization towards non-members? (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:4751

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().

 
Page updated 2019-06-14
Handle: RePEc:wbk:wbrwps:4751