CEU eTD Collection (2017); Bakibayev, Rustam: The Influence Of Free Trade Agreements On Agricultural Trade Diversion And Trade Creation

CEU Electronic Theses and Dissertations, 2017
Author Bakibayev, Rustam
Title The Influence Of Free Trade Agreements On Agricultural Trade Diversion And Trade Creation
Summary This paper examines the influence of the membership in Free Trade Agreements (FTAs) on members’ agricultural trade diversion and trade creation using gravity model of international trade. Major focus is on 4 FTAs, which includes 28 developing countries with significant share of the agricultural sector in GDP in the period of 2004-2015, while the total sample consists of 89 countries. Trade creation and trade diversion are estimated using Poisson Pseudo Maximum Likelihood (PPML) estimation technique. Aside from found studies this study distinguishes trade in agro products and processed food products. Study finds a positive impact of membership in FTAs on trade among involved countries. It can be concluded that in chosen FTAs trade creation effects overwhelm trade diversion effects.
Supervisor Miklos Koren
Department Economics MA
Full texthttps://www.etd.ceu.edu/2017/bakibayev_rustam.pdf

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