Regional Trade Agreements Versus Broad Liberalization : Which Path Leads to Faster Growth? Time-Series Evidence »
Series: IMF Working Papers
Author(s): Athanasios Vamvakidis
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1998
Keywords: Economic Growth of Open Economies, trade share, independent variables, statistics, international trade, free trade
Should a closed economy open its trade to all countries or limit itself to participation in regional trade agreements (RTAs)? Based on time-series evidence for a data set for 1950-92, this paper estimates and compa...