Exploring the Links between Bilateral and Regional Trade Agreements and Merchandise Trade

Felix Barbalet; Jared Greenville; Wayne Crook; Paul Gretton; Robert Breunig

doi:10.1002/app5.101

Exploring the Links between Bilateral and Regional Trade Agreements and Merchandise Trade

Felix Barbalet, Jared Greenville, Wayne Crook, Paul Gretton, Robert Breunig^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

13 Citations (Scopus)

Abstract

Over 200 bilateral and regional trade agreements are currently in force, yet their impact remains a topic of debate. We analyse effects of 27 agreements that are of particular importance for Australia on the value of merchandise trade flows using data from 1970 up to the global financial crisis in 2008. We show that preferential trade agreements generally increase trade between members but that there are often offsetting negative effects on trade with non-signatories. In contrast to regional trading blocs and bilateral accords, agreements more oriented towards open trade principles have a positive impact on all trade flows of member nations.

Original language	English
Pages (from-to)	467-484
Number of pages	18
Journal	Asia and the Pacific Policy Studies
Volume	2
Issue number	3
DOIs	https://doi.org/10.1002/app5.101
Publication status	Published - Sept 2015

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10.1002/app5.101

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abstract = "Over 200 bilateral and regional trade agreements are currently in force, yet their impact remains a topic of debate. We analyse effects of 27 agreements that are of particular importance for Australia on the value of merchandise trade flows using data from 1970 up to the global financial crisis in 2008. We show that preferential trade agreements generally increase trade between members but that there are often offsetting negative effects on trade with non-signatories. In contrast to regional trading blocs and bilateral accords, agreements more oriented towards open trade principles have a positive impact on all trade flows of member nations.",

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Exploring the Links between Bilateral and Regional Trade Agreements and Merchandise Trade

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