HEI Working Paper No : 07 / 2005 What Drives Regional Trade Agreements that Work ?

@inproceedings{Holmes2005HEIWP,
  title={HEI Working Paper No : 07 / 2005 What Drives Regional Trade Agreements that Work ?},
  author={Tammy Holmes},
  year={2005}
}
Economists have recently begun trying to explain that pattern of Regional Trade Agreement (RTA) formation around the world. This paper adds to the developing literature by taking into account the fact that many of the RTAs signed are not effectively implemented. The analysis proceeds in two steps: the gravity model is used to establish which RTAs are effectively implemented, in the sense that they positively and significantly increase trade flows between member countries compared to the flows… CONTINUE READING

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