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The Trade Impact of European Union Preferential Policies

by De Benedictis, Luca.
Authors: Salvatici, Luca.%editor. | SpringerLink (Online service) Physical details: XXI, 229p. 22 illus. online resource. ISBN: 3642165648 Subject(s): Economics. | Development Economics. | Econometrics. | Economic policy. | International economics. | Farm economics. | Economics/Management Science. | International Economics. | Economic Policy. | Econometrics. | Agricultural Economics. | Development Economics.
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E-Book E-Book AUM Main Library 337 (Browse Shelf) Not for loan

Introduction -- EU Preferential Trading Arrangements: Evolution, Content and Use -- EU Preferential Margins: Measurement and Aggregation Issues -- The Gravity Model in International Trade -- Trade Impact of EU Preferential Policies: a Meta-analysis of the Literature -- Trade Impact of EU Preferences -- Analysing the Impact of Everything but Arms Initative Using a Gravity Model -- Trade Impact of EU Preferences: an Analysis with Monthly Data -- Trade Preference Through Tariff Rate Quotas and the Gravity Equation: Does the Tariff Equivalent Matter?- Trade Impact of EU Preferences: the Role of Compliance Costs.

The book investigates the EU preferential trade policy and, in particular, the impact it had on trade flows from developing countries. It shows that the capability of the "trade as aid" model to deliver its expected benefits to these countries crucially differs between preferential schemes and sectors. The book takes an eclectic but rigorous  approach to the econometric analysis by combining different specifications of the gravity model. An in-depth presentation of the gravity model is also included, providing significant insights into the distinctive features of this technique and its state-of-art implementation. The evidence produced in the book is extensively applied to the analysis of the EU preferential policies with substantial suggestions for future improvement. Additional electronic material can be found online.

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