Trade Diversion under Selective Preferential Market Access

The European Community (EC) operates a multi-layered GSP scheme in which different groups of developing countries are granted varying degrees of market access. This paper analyzes the question of trade diversion among different categories of beneficiary countries ensuing from the selectivity of pref...

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Main Author: Borchert, Ingo
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5435
id okr-10986-5435
recordtype oai_dc
spelling okr-10986-54352021-04-23T14:02:22Z Trade Diversion under Selective Preferential Market Access Borchert, Ingo Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Economic Integration F150 The European Community (EC) operates a multi-layered GSP scheme in which different groups of developing countries are granted varying degrees of market access. This paper analyzes the question of trade diversion among different categories of beneficiary countries ensuing from the selectivity of preferential market access. Evidence from a disaggregated panel data analysis reveals sizable intra-developing country trade diversion. The losses for relatively disadvantaged countries in terms of forgone trade volume are estimated to range between about 2% to 20% of their total trade with the EC. The distortions are driven by highly substitutable, mostly labour-intensive commodities. 2012-03-30T07:32:49Z 2012-03-30T07:32:49Z 2009 Journal Article Canadian Journal of Economics 00084085 http://hdl.handle.net/10986/5435 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Trade Policy
International Trade Organizations F130
Country and Industry Studies of Trade F140
Economic Integration F150
spellingShingle Trade Policy
International Trade Organizations F130
Country and Industry Studies of Trade F140
Economic Integration F150
Borchert, Ingo
Trade Diversion under Selective Preferential Market Access
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description The European Community (EC) operates a multi-layered GSP scheme in which different groups of developing countries are granted varying degrees of market access. This paper analyzes the question of trade diversion among different categories of beneficiary countries ensuing from the selectivity of preferential market access. Evidence from a disaggregated panel data analysis reveals sizable intra-developing country trade diversion. The losses for relatively disadvantaged countries in terms of forgone trade volume are estimated to range between about 2% to 20% of their total trade with the EC. The distortions are driven by highly substitutable, mostly labour-intensive commodities.
format Journal Article
author Borchert, Ingo
author_facet Borchert, Ingo
author_sort Borchert, Ingo
title Trade Diversion under Selective Preferential Market Access
title_short Trade Diversion under Selective Preferential Market Access
title_full Trade Diversion under Selective Preferential Market Access
title_fullStr Trade Diversion under Selective Preferential Market Access
title_full_unstemmed Trade Diversion under Selective Preferential Market Access
title_sort trade diversion under selective preferential market access
publishDate 2012
url http://hdl.handle.net/10986/5435
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