GRAVITY, BILATERAL AGREEMENTS, AND TRADE DIVERSION IN THE AMERICAS
Raymond Robertson & Antoni Estevadeordal
Latin American Journal of Economics2009https://doi.org/10.4067/s0717-68212009000100001article
ABDC C
Weight
0.51
What the paper says
shows that a bilateral agreement between two countries render a multilateral agreement less attractive if the bilateral agreement is trade diverting. This paper combines Krishna's model with the empirical approach of Anderson and van We apply this measure to new asymmetric, time-varying Latin American trade and tariff data using Anderson and van The results show an increase in trade diversion as sub-regional trade agreements proliferated and enthusiasm for the Free Trade Agreement of the Americas declined.
13 citations
Evidence weight
0.51
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.41 × 0.4 = 0.16 |
| M · momentum | 0.80 × 0.15 = 0.12 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.