Do Free Trade Agreements Increase Australian Trade: An Application of Poisson Pseudo Maximum Likelihood Estimator?

IF 1.2 Q4 BUSINESS

Journal of East-West Business Pub Date : 2020-01-02 DOI:10.1080/10669868.2019.1685056

K. P. Timsina, R. Culas

引用次数: 6

Abstract

Abstract This article examines the effects of Australia's free trade agreements on trade creation and export diversion of the total as well as sectoral trade. The empirical analysis implemented through Poisson pseudo maximum likelihood estimator with time and country-specific effects. Results showed the standard gravity variables are highly significant with the expected signs. Overall, the trade creation effects were greater than intra-block export diversion effects of FTAs on Australia’s total trade. The trade creation effects of FTAs on the agricultural sector seems higher than the nonagricultural sector in Australia after deducting intra-block export diversion effects in the respective sectors.

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自由贸易协定增加澳大利亚贸易:泊松伪极大似然估计的应用?

摘要本文考察了澳大利亚自由贸易协定对贸易创造和出口转移总量以及部门贸易的影响。实证分析通过泊松伪极大似然估计实现，具有时间和国别效应。结果表明，标准重力变量与预期符号高度显著。总体而言，自由贸易协定对澳大利亚贸易总额的贸易创造效应大于区域内出口转移效应。在扣除各自部门的内部出口转移效应后，澳大利亚自由贸易协定对农业部门的贸易创造效应似乎高于非农部门。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of East-West Business BUSINESS-

CiteScore

2.10

自引率

26.70%

发文量

期刊介绍： Journal of East-West Business is a quarterly journal that deals with contemporary and emerging aspects of business studies, strategies, development, and practice as they relate to the Russian Federation, the new republics of the Commonwealth of Independent States, and Eastern/Central Europe-and business relationships with other countries of the world. The Journal of East-West Business is international in scope and treats business issues from comparative, cross-cultural, and cross-national perspectives. The journal features an Editorial Advisory Board that represents the Russian Federation, Eastern/Central European, and Baltic states in this new business arena.