Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/168349 
Autor:innen: 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Thünen-Series of Applied Economic Theory - Working Paper No. 147
Versionsangabe: 
revised version
Verlag: 
Universität Rostock, Institut für Volkswirtschaftslehre, Rostock
Zusammenfassung: 
International trade and fragmentation of production lead to increased trade in intermediate goods. Increased multi-stage production promotes the formation of free-trade agreements (FTA). In this paper, the relationship between intermediates trade and FTAs is examined with a two-step Pseudo Poisson Maximum Likelihood model. The analysis of a comprehensive dataset of pairwise trade-flow data of 70 countries from the years 1995-2011 shows a significant connection between trade in intermediates and the participation in free-trade agreements. A two-way relationship is identified: intermediates trade increases the probability to form a FTA and FTAs lead to an increase in intermediates trade.
Schlagwörter: 
free-trade agreements
international trade
intermediates trade
multi-stage production
fragmentation of production
vertical linkages
third-country effects
gravity equations
distance coefficients
border effects
Dokumentart: 
Working Paper

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