Skip to main content

The effects of the GSTP on trade flow: mission accomplished?

Buy Article:

$51.63 plus tax (Refund Policy)

Abstract:

This paper investigates whether the Global System of Trade Preferences among developing countries (GSTP) achieves its intent to increase the trade of capital goods between member countries. For this purpose, trade data disaggregated by the degree of commodity differentiation and various GSTP regional dummies are employed in a gravity equation. Estimation results say that the value of trade between GSTP member countries has increased significantly since the formation of the GSTP in 1989, and the trade of differentiated commodities has increased remarkably compared with other commodities. Therefore, it can be asserted that the mission of the GSTP has been accomplished successfully.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/0003684042000318182

Affiliations: Economic Growth Center Yale University 27 Hillhouse Avenue P.O. Box 208269 New Haven Connecticut 06520-8269 USA, Email: masahiro.endo@yale.edu

Publication date: March 1, 2005

More about this publication?
routledg/raef/2005/00000037/00000005/art00001
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more