scholarly journals The Impact of Regional Trade Agreements on Georgia's Exporters: A Firm-Level Analysis

2021 ◽  
Author(s):  
Matteo Neri-Laine ◽  
Gianluca Orefice ◽  
Michele Ruta
2016 ◽  
Vol 5 (2) ◽  
pp. 539-569
Author(s):  
Maria Panezi

Abstract The proliferation of Preferential Trade Agreements (PTAs) and Regional Trade Agreements (RTAs) has given rise to significant debate on the need to measure, understand and possibly regulate the impact these agreements have on the multilateral trading system under the umbrella of the World Trade Organization (WTO). This article will discuss the two Doha Transparency Mechanisms (legal transparency) regarding regional trade agreements, as they appear in two General Council decisions from 2006 and 2010. I will argue based on a closer look and a consistent interpretation of Paragraph 10 of the Doha Ministerial Declaration that there is another type of transparency that is relevant to the discussion on PTAs/RTAs, namely “internal transparency.” “Internal transparency stricto sensu” highlights the significance of trust in the WTO institutional processes, such as negotiations, decision-making, dispute settlement and trade monitoring that the representatives of developing member states should have in order for the WTO system to function productively. “Internal transparency lato sensu” is introduced in this article as an extension to include any decision-making deficits, exclusionary and asymmetrical outcomes specifically in the area of unchecked Preferential Trade Agreement proliferation. Instead of a conclusion, the article offers some proposals for more a meaningful progress in the WTO with respect to PTAs/RTAs The proposals aim at raising the profile of both legal and internal of transparency and posit that raising the profile of one will inevitably lead in improvements in the other.


2019 ◽  
Vol 16 (3) ◽  
pp. 467-488
Author(s):  
Zuzanna Studnicka ◽  
Wouter Thierie ◽  
Jan Van Hove

Author(s):  
Niti Bhasin ◽  
Rinku Manocha

Coinciding with the era of globalisation, there has been a rise in the number and depth of Regional Trade Agreements (RTAs) in the Asian region. As India has also been a part of this growing trend, this paper attempt to identify the determinants of India’s exports with special focus on the role of globalisation and RTAs of India. We employ panel data regression on an augmented gravity model to examine the effects of these variables. To capture the globalisation effect, we have included trade openness of the host country. For RTAs, we have taken two variables; one which indicates the presence or absence of an RTA in a given year; and second is the number of RTAs between India and its partner country. Using data for nine countries which are India’s trading partners over the period 1991-2012, we find that GDP and GDP per capita of the host country are significant determinants of India’s exports. Trade openness which is an indicator of globalisation is positive and highly significant indicating that trade openness of the partner country has resulted in increased Indian exports to that country. Of the two variables capturing the impact of RTAs, the variable defining the number of RTAs negotiated with trading partners is positive and significant. The results show that while presence of an RTA may have a positive impact on Indian exports, they are still not a prime consideration. At the same time, the width of integration is having a significant positive impact on India’s export.


2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Niti Bhasin ◽  
Rinku Manocha

The rapid increase in the bilateral and regional trade agreements (RTAs) depicts a worldwide urge to liberalise and attain a more competitive platform for trade. Moreover, RTAs being negotiated are increasing the spectrum of product and service coverage. Elabourate RTAs include provisions relating to, inter alia, investment, labour, agriculture, and environment. This paper empirically examines the impact of two RTAs (SAFTA and APTA) on India’s agricultural exports. The study uses panel data for the period 2001 to 2013 and gravity framework to capture India’s agricultural exports with 16 Asian economies. Along with the traditional variables of gravity (economic size and distance), we also include exporter-importer labour participation ratio, taste differential, and trade openness of importing countries in our model specification. The impact of RTAs is captured with two dummy variables, one for SAFTA membership and the other for APTA membership. Our results indicate that India’s agricultural exports are positively affected by export-importer labour participation ratio, economic size, trade openness (of importer economy) and presence of RTAs. Though the impact of both SAFTA and APTA membership are found to be positive, the results for APTA are found to be significant for Indian agricultural exports.


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