Does the G7/G8 promote trade?

Volker Nitsch

No 2006/16, Discussion Papers from Free University Berlin, School of Business & Economics

Abstract: The Group of Eight (G8) is an unofficial forum of the heads of state of the eight leading industrialized countries. In this paper, I examine the effect of the G8 (and its predecessor, the G7) on international trade. I use a gravity model of trade; the panel data set covers bilateral trade between 175 countries from 1948 through 1999. I find that membership in the G7/G8 is consistently associated with a strong positive effect on trade.

Keywords: institution; organization; agreement; international; multilateral; summit (search for similar items in EconPapers)
JEL-codes: F13 F15 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Does the G7/G8 promote trade? (2007)
Working Paper: Does the G7/G8 Promote Trade? (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:fubsbe:200616

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