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The Trade Liberalization Effects of Regional Trade Agreements

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  • Nitsch, Volker
  • Sturm, Daniel

Abstract

Recent research suggests that membership in the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) is not associated with more liberal trade policies. In this paper, we ask if membership in a regional trade agreement (RTA) helps to liberalize trade. Using 63 trade policy measures, we find that RTA membership has, on average, no measurable effect on a country’s trade policy. We also find considerable differences across RTAs, with member countries in the European Union being significantly more open and less protectionist than members in other RTAs.

Suggested Citation

  • Nitsch, Volker & Sturm, Daniel, 2004. "The Trade Liberalization Effects of Regional Trade Agreements," Conference papers 331265, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  • Handle: RePEc:ags:pugtwp:331265
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    References listed on IDEAS

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    4. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
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