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Preferential trade agreements: what lessons for small island economies in the Indian Ocean ?
[Les accords commerciaux préférentiels : quels enseignements pour les petites économies insulaires de l’océan Indien ?]

Author

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  • Didier Laurent

    (CEMOI - Centre d'Économie et de Management de l'Océan Indien - UR - Université de La Réunion)

Abstract

The aim of this paper is to estimate the impact of the regional trade agreements (RTAs) of Small Island Developing States (SIDS) on bilateral trade flows between SIDS and other member countries at the aggregated and disaggregated level over the period 1962–2014. This approach allows us to compare these effects between states in Indian ocean and other SIDS. We focused our estimates on raw materials due to their strong concentration in the trade specialization of most SIDS. We find a heterogeneous effect of these regional trade agreements on intra-zone trade flows for SIDS. These results vary depending on the type of trade agreement (non-reciprocal, reciprocal), the stage of development of trading partners (North-South, South-South), and the products in question.

Suggested Citation

  • Didier Laurent, 2022. "Preferential trade agreements: what lessons for small island economies in the Indian Ocean ? [Les accords commerciaux préférentiels : quels enseignements pour les petites économies insulaires de l’," Post-Print hal-03710061, HAL.
  • Handle: RePEc:hal:journl:hal-03710061
    DOI: 10.26171/carnets-oi_0804
    Note: View the original document on HAL open archive server: https://hal.univ-reunion.fr/hal-03710061
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    Keywords

    Preferential agreements; trade; island economies; Accords préférentiels; commerce; économies insulaires;
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