从不常见的自由贸易协定中得到的一些共同教训

South Asia Economic Journal Pub Date : 2019-03-01 DOI:10.1177/1391561418824479

K. Gaurav, Nalin Bharti

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引用次数: 5

摘要

本研究试图观察印度-日本CEPA (IJCEPA)、印度-斯里兰卡自由贸易协定(ISFTA)和印度-不丹自由贸易协定(IBFTA)在亚洲的贸易创造和贸易转移效应。本文旨在对发展中国家与发达国家、发展中国家与发展中国家、发展中国家与最不发达国家三种不常见的自由贸易协定进行评估。目的是评估这些自由贸易协定对出口的影响，并为缔约双方和其他经济体开始促进贸易自由化的自由贸易协定吸取教训。本文还旨在揭穿发展中国家与最不发达国家之间的自由贸易协定对发展中国家或最不发达国家不利的神话。本研究运用增强引力模型捕捉贸易创造效应和贸易转移效应。结果表明，ISFTA和IBFTA具有贸易创造效应，而IJCEPA存在贸易转移效应。从长远来看，这些双边协定可以为多边贸易自由化开辟道路。Jel: f10, f13, f14

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Some Common Lessons from Uncommon FTAs

The present study endeavours to observe the trade creation and trade diversion effects of three free trade agreements (FTAs) in Asia, namely, India–Japan CEPA (IJCEPA), India–Sri Lanka FTA (ISFTA), and India–Bhutan FTA (IBFTA). The article aims to evaluate three uncommon FTAs that include developing–developed, developing–developing and developing–least developed countries. The objective is to evaluate the effects of these FTAs on exports and draw lessons for both the contracting parties and for other economies to commence FTAs that promote trade liberalization. This paper also aims to debunk the myth that FTAs between developing-least developed countries is not beneficial for the developing or least developed counterpart. The study applies augmented gravity model to capture the trade creation and trade diversion effects. The results confirm that ISFTA and IBFTA have trade creation effect, while in case of IJCEPA, there is trade diversion. These bilateral agreements can open the ways for multilateral trade liberalization in the long-run. JEL : F10, F13, F14

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来源期刊

South Asia Economic Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.10

自引率

0.00%

发文量

期刊介绍： The South Asian nations have progressively liberalized their economies in recent years in an effort to integrate with the world economy. They have also taken steps to enhance multilateral and regional economic integration. Even though the South Asian economies have grown at an average rate of more than 5 per cent over the last few years, roughly 40 per cent of their people still live below the poverty line. Hence, the South Asian region continues to face many challenges of economic and social development. The South Asia Economic Journal (SAEJ) is designed as a forum for informed debate on these issues, which are of vital importance to the people of the region who comprise one-sixth of the world’s population. The peer-reviewed journal is devoted to economic analysis and policy options aimed at promoting cooperation among the countries comprising South Asia. It also discusses South Asia’s position on global economic issues, its relations with other regional groupings and its response to global developments. We also welcome contributions to inter-disciplinary analysis on South Asia. As a refereed journal, SAEJ carries articles by scholars, economic commentators,policy-makers and officials, from both the private and public sectors. Our aim is to create a vibrant research space to explore the multidimensional economic issues of concern to scholars working on South Asia. Among the issues debated in relation to South Asia are: - the implications of global economic trends; - the issues and challenges by WTO; - approaches to industrialization and development; - the role of regional institutions such as the SAARC; - the relationship between SAARC and other regional economic groupings such as ASEAN; - the implications of economic liberalization for trade and investment in the region; - new initiatives that can be launched to enhance economic cooperation among the South Asian countries both on a bilateral and a regional basis.