- Author
- Justine Miller (UGent) , Glenn Rayp (UGent) and Samuel Standaert (UGent)
- Organization
- Abstract
- Over the past seven decades, trade barriers have been dramatically reduced. To that end, most countries have simultaneously pursued both multilateral and preferential trade liberalisation. This is surprising as the latter is less effective and provides fewer benefits to the member countries. In this chapter, we tackle this puzzle and investigate what makes these trade agreements a popular option for countries worldwide from an economic, political, and social perspective. We review the normative case for preferential trade liberalisation before evaluating the economic and non-economic arguments favouring trade agreements. We contextualise our arguments by creating and analysing a data set of trade agreements. We show how the broadly differing nature of those trade agreements influences trade gains and how countries and regions profit from this situation.
- Keywords
- international trade, trade agreements, regional organisations, gravity analysis, network analysis, growth
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Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-01GQPJ4ASVHM705AMR1HGWC22Z
- MLA
- Miller, Justine, et al. “Regional Trade Liberalisation.” Handbook of Regional Cooperation and Integration, edited by Philippe De Lombaerde, Edward Elgar, 2024, pp. 38–61.
- APA
- Miller, J., Rayp, G., & Standaert, S. (2024). Regional trade liberalisation. In P. De Lombaerde (Ed.), Handbook of regional cooperation and integration (pp. 38–61). Cheltenham: Edward Elgar.
- Chicago author-date
- Miller, Justine, Glenn Rayp, and Samuel Standaert. 2024. “Regional Trade Liberalisation.” In Handbook of Regional Cooperation and Integration, edited by Philippe De Lombaerde, 38–61. Cheltenham: Edward Elgar.
- Chicago author-date (all authors)
- Miller, Justine, Glenn Rayp, and Samuel Standaert. 2024. “Regional Trade Liberalisation.” In Handbook of Regional Cooperation and Integration, ed by. Philippe De Lombaerde, 38–61. Cheltenham: Edward Elgar.
- Vancouver
- 1.Miller J, Rayp G, Standaert S. Regional trade liberalisation. In: De Lombaerde P, editor. Handbook of regional cooperation and integration. Cheltenham: Edward Elgar; 2024. p. 38–61.
- IEEE
- [1]J. Miller, G. Rayp, and S. Standaert, “Regional trade liberalisation,” in Handbook of regional cooperation and integration, P. De Lombaerde, Ed. Cheltenham: Edward Elgar, 2024, pp. 38–61.
@incollection{01GQPJ4ASVHM705AMR1HGWC22Z,
abstract = {{Over the past seven decades, trade barriers have been dramatically reduced. To that end, most countries have simultaneously pursued both multilateral and preferential trade liberalisation. This is surprising as the latter is less effective and provides fewer benefits to the member countries. In this chapter, we tackle this puzzle and investigate what makes these trade agreements a popular option for countries worldwide from an economic, political, and social perspective. We review the normative case for preferential trade liberalisation before evaluating the economic and non-economic arguments favouring trade agreements. We contextualise our arguments by creating and analysing a data set of trade agreements. We show how the broadly differing nature of those trade agreements influences trade gains and how countries and regions profit from this situation.}},
author = {{Miller, Justine and Rayp, Glenn and Standaert, Samuel}},
booktitle = {{Handbook of regional cooperation and integration}},
editor = {{De Lombaerde, Philippe}},
isbn = {{9781800373730}},
keywords = {{international trade,trade agreements,regional organisations,gravity analysis,network analysis,growth}},
language = {{eng}},
pages = {{38--61}},
publisher = {{Edward Elgar}},
title = {{Regional trade liberalisation}},
year = {{2024}},
}