Does Regionalism Affect Trade Liberalization toward Non-Members?

This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that p...

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Main Authors: Estevadeordal, Antoni, Freund, Caroline, Ornelas, Emanuel
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/10/9934137/regionalism-affect-trade-liberalization-toward-non-members
http://hdl.handle.net/10986/6936
id okr-10986-6936
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BALANCE OF PAYMENTS
BARGAINING POWER
BILATERAL AGREEMENTS
BILATERAL TRADE
BILATERAL TRADE AGREEMENTS
BLOC MEMBERS
COMPARATIVE ADVANTAGE
CONCESSION
CONSUMER SURPLUS
CURRENCY
CUSTOM UNIONS
CUSTOMS
CUSTOMS UNION
CUSTOMS UNIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY TARIFFS
DOMESTIC INDUSTRY
DOMESTIC PRICE
DUTY-FREE TREATMENT
ECONOMIC COMMUNITY
ECONOMIC INTEGRATION
ENDOGENOUS TARIFF
ENDOGENOUS TARIFF FORMATION
ESCAPE CLAUSE
EUROPEAN UNION
EXPORT SECTOR
EXPORT SUPPLY
EXPORTERS
EXPORTS
EXTERNAL LIBERALIZATION
EXTERNAL TARIFF
EXTERNAL TARIFF STRUCTURE
EXTERNAL TARIFFS
EXTERNAL TRADE
EXTERNAL TRADE BARRIERS
EXTERNAL TRADE LIBERALIZATION
EXTERNAL TRADE POLICIES
FINANCIAL SUPPORT
FORMATION OF CUSTOMS UNIONS
FREE ACCESS
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AGREEMENTS
FREE TRADE AREA
FREE TRADE AREAS
FREE TRADE ZONES
FREE TREATMENT
FREE-TRADE AGREEMENTS
GENERAL AGREEMENT ON TARIFFS
GENERAL EQUILIBRIUM
GLOBAL LIBERALIZATION
GLOBAL TRADING
HARMONIZATION
HIGH TARIFFS
HOME COUNTRY
HOME GOVERNMENT
IMPORT DEMAND
IMPORT SHARE
IMPORT TARIFF
IMPORT-COMPETING SECTOR
IMPORT-COMPETING SECTORS
IMPORTS
INTEGRATING COUNTRIES
INTERNAL FREE TRADE
INTERNAL LIBERALIZATION
INTERNAL TARIFFS
INTERNAL TRADE
INTERNAL TRADE BARRIERS
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE POLICY
LABOR STANDARDS
LEVEL OF PROTECTION
LOBBYING
MARKET ACCESS
MARKET POWER
MEMBER COUNTRIES
MFN TARIFFS
MULTILATERAL AGREEMENTS
MULTILATERAL FREE TRADE
MULTILATERAL LEVEL
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL SYSTEM
MULTILATERAL TARIFF REDUCTION
MULTILATERAL TARIFFS
MULTILATERAL TRADE
MULTILATERAL TRADE LIBERALIZATION
MULTILATERALISM
NON-MEMBER COUNTRIES
NON-TRADE AREAS
OPEN TRADE
OPTIMAL TARIFF
OPTIMAL TARIFFS
PERFECT COMPETITION
POLICY RESEARCH
POLITICAL ECONOMY
POLITICALLY SENSITIVE SECTORS
PREFERENCE EROSION
PREFERENTIAL ACCESS
PREFERENTIAL AGREEMENTS
PREFERENTIAL LIBERALIZATION
PREFERENTIAL MARGIN
PREFERENTIAL MARGINS
PREFERENTIAL PARTNERS
PREFERENTIAL RATE
PREFERENTIAL RATES
PREFERENTIAL REDUCTION
PREFERENTIAL REDUCTIONS
PREFERENTIAL TARIFF
PREFERENTIAL TARIFF REDUCTION
PREFERENTIAL TARIFFS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PREFERENTIAL TRADE ARRANGEMENT
PREFERENTIAL TRADING
PREFERENTIAL TRADING AREAS
PREFERENTIAL TRADING ARRANGEMENTS
PREFERENTIAL TREATMENT
PROTECTION LEVELS
PROTECTIONISM
PROTECTIONIST
RECIPROCITY
REGIONAL AGREEMENT
REGIONAL AGREEMENTS
REGIONAL INSTITUTIONS
REGIONAL INTEGRATION
REGIONAL PARTNERS
REGIONAL TRADE
REGIONAL TRADE AGREEMENT
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE BLOCS
REGIONAL TRADE LIBERALIZATION
REGIONALISM
REGIONALIZATION
RULES OF ORIGIN
SIDE AGREEMENTS
SOURCING
STANDARD ERRORS
TARIFF BINDINGS
TARIFF CHANGES
TARIFF CONCESSIONS
TARIFF CREATION
TARIFF CUTS
TARIFF DATA
TARIFF DIVERSION
TARIFF FORMATION
TARIFF INCREASES
TARIFF LEVELS
TARIFF LIBERALIZATION
TARIFF LINE
TARIFF PREFERENCES
TARIFF RATES
TARIFF REDUCTIONS
TARIFF REVENUE
TERMS OF TRADE
TERMS OF TRADE LOSS
TERMS OF TRADE LOSSES
TRADE AGREEMENT
TRADE BLOC
TRADE BLOCS
TRADE CHANGES
TRADE CONCESSIONS
TRADE CREATING
TRADE DATA
TRADE DIVERSION
TRADE LIBERALIZATION
TRADE LOSSES
TRADE OBJECTIVES
TRADE OPENNESS
TRADE PARTNER
TRADE POLICIES
TRADE POLICY
TRADE PREFERENCES
TRADE REFORM
TRADE ROUND
TRADE SYSTEM
TRADE THEORY
TRADING BLOCS
TRADING PARTNERS
UNILATERAL LIBERALIZATION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
WAGE RATE
WORLD ECONOMY
WORLD MARKETS
WORLD PRICE
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
spellingShingle BALANCE OF PAYMENTS
BARGAINING POWER
BILATERAL AGREEMENTS
BILATERAL TRADE
BILATERAL TRADE AGREEMENTS
BLOC MEMBERS
COMPARATIVE ADVANTAGE
CONCESSION
CONSUMER SURPLUS
CURRENCY
CUSTOM UNIONS
CUSTOMS
CUSTOMS UNION
CUSTOMS UNIONS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY TARIFFS
DOMESTIC INDUSTRY
DOMESTIC PRICE
DUTY-FREE TREATMENT
ECONOMIC COMMUNITY
ECONOMIC INTEGRATION
ENDOGENOUS TARIFF
ENDOGENOUS TARIFF FORMATION
ESCAPE CLAUSE
EUROPEAN UNION
EXPORT SECTOR
EXPORT SUPPLY
EXPORTERS
EXPORTS
EXTERNAL LIBERALIZATION
EXTERNAL TARIFF
EXTERNAL TARIFF STRUCTURE
EXTERNAL TARIFFS
EXTERNAL TRADE
EXTERNAL TRADE BARRIERS
EXTERNAL TRADE LIBERALIZATION
EXTERNAL TRADE POLICIES
FINANCIAL SUPPORT
FORMATION OF CUSTOMS UNIONS
FREE ACCESS
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AGREEMENTS
FREE TRADE AREA
FREE TRADE AREAS
FREE TRADE ZONES
FREE TREATMENT
FREE-TRADE AGREEMENTS
GENERAL AGREEMENT ON TARIFFS
GENERAL EQUILIBRIUM
GLOBAL LIBERALIZATION
GLOBAL TRADING
HARMONIZATION
HIGH TARIFFS
HOME COUNTRY
HOME GOVERNMENT
IMPORT DEMAND
IMPORT SHARE
IMPORT TARIFF
IMPORT-COMPETING SECTOR
IMPORT-COMPETING SECTORS
IMPORTS
INTEGRATING COUNTRIES
INTERNAL FREE TRADE
INTERNAL LIBERALIZATION
INTERNAL TARIFFS
INTERNAL TRADE
INTERNAL TRADE BARRIERS
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE POLICY
LABOR STANDARDS
LEVEL OF PROTECTION
LOBBYING
MARKET ACCESS
MARKET POWER
MEMBER COUNTRIES
MFN TARIFFS
MULTILATERAL AGREEMENTS
MULTILATERAL FREE TRADE
MULTILATERAL LEVEL
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL SYSTEM
MULTILATERAL TARIFF REDUCTION
MULTILATERAL TARIFFS
MULTILATERAL TRADE
MULTILATERAL TRADE LIBERALIZATION
MULTILATERALISM
NON-MEMBER COUNTRIES
NON-TRADE AREAS
OPEN TRADE
OPTIMAL TARIFF
OPTIMAL TARIFFS
PERFECT COMPETITION
POLICY RESEARCH
POLITICAL ECONOMY
POLITICALLY SENSITIVE SECTORS
PREFERENCE EROSION
PREFERENTIAL ACCESS
PREFERENTIAL AGREEMENTS
PREFERENTIAL LIBERALIZATION
PREFERENTIAL MARGIN
PREFERENTIAL MARGINS
PREFERENTIAL PARTNERS
PREFERENTIAL RATE
PREFERENTIAL RATES
PREFERENTIAL REDUCTION
PREFERENTIAL REDUCTIONS
PREFERENTIAL TARIFF
PREFERENTIAL TARIFF REDUCTION
PREFERENTIAL TARIFFS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PREFERENTIAL TRADE ARRANGEMENT
PREFERENTIAL TRADING
PREFERENTIAL TRADING AREAS
PREFERENTIAL TRADING ARRANGEMENTS
PREFERENTIAL TREATMENT
PROTECTION LEVELS
PROTECTIONISM
PROTECTIONIST
RECIPROCITY
REGIONAL AGREEMENT
REGIONAL AGREEMENTS
REGIONAL INSTITUTIONS
REGIONAL INTEGRATION
REGIONAL PARTNERS
REGIONAL TRADE
REGIONAL TRADE AGREEMENT
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE BLOCS
REGIONAL TRADE LIBERALIZATION
REGIONALISM
REGIONALIZATION
RULES OF ORIGIN
SIDE AGREEMENTS
SOURCING
STANDARD ERRORS
TARIFF BINDINGS
TARIFF CHANGES
TARIFF CONCESSIONS
TARIFF CREATION
TARIFF CUTS
TARIFF DATA
TARIFF DIVERSION
TARIFF FORMATION
TARIFF INCREASES
TARIFF LEVELS
TARIFF LIBERALIZATION
TARIFF LINE
TARIFF PREFERENCES
TARIFF RATES
TARIFF REDUCTIONS
TARIFF REVENUE
TERMS OF TRADE
TERMS OF TRADE LOSS
TERMS OF TRADE LOSSES
TRADE AGREEMENT
TRADE BLOC
TRADE BLOCS
TRADE CHANGES
TRADE CONCESSIONS
TRADE CREATING
TRADE DATA
TRADE DIVERSION
TRADE LIBERALIZATION
TRADE LOSSES
TRADE OBJECTIVES
TRADE OPENNESS
TRADE PARTNER
TRADE POLICIES
TRADE POLICY
TRADE PREFERENCES
TRADE REFORM
TRADE ROUND
TRADE SYSTEM
TRADE THEORY
TRADING BLOCS
TRADING PARTNERS
UNILATERAL LIBERALIZATION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
WAGE RATE
WORLD ECONOMY
WORLD MARKETS
WORLD PRICE
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WORLD TRADING SYSTEM
Estevadeordal, Antoni
Freund, Caroline
Ornelas, Emanuel
Does Regionalism Affect Trade Liberalization toward Non-Members?
relation Policy Research Working Paper; No. 4751
description This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector leads to a reduction in the external (most-favored nation) tariff in that sector. External liberalization is greater if preferences are granted to important suppliers. However, these "complementarity effects" of preferential liberalization on external liberalization do not arise in customs unions. Overall, the results suggest that concerns about a negative effect of preferential liberalization on external trade liberalization are unfounded.
format Publications & Research :: Policy Research Working Paper
author Estevadeordal, Antoni
Freund, Caroline
Ornelas, Emanuel
author_facet Estevadeordal, Antoni
Freund, Caroline
Ornelas, Emanuel
author_sort Estevadeordal, Antoni
title Does Regionalism Affect Trade Liberalization toward Non-Members?
title_short Does Regionalism Affect Trade Liberalization toward Non-Members?
title_full Does Regionalism Affect Trade Liberalization toward Non-Members?
title_fullStr Does Regionalism Affect Trade Liberalization toward Non-Members?
title_full_unstemmed Does Regionalism Affect Trade Liberalization toward Non-Members?
title_sort does regionalism affect trade liberalization toward non-members?
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/10/9934137/regionalism-affect-trade-liberalization-toward-non-members
http://hdl.handle.net/10986/6936
_version_ 1764401359882289152
spelling okr-10986-69362021-04-23T14:02:32Z Does Regionalism Affect Trade Liberalization toward Non-Members? Estevadeordal, Antoni Freund, Caroline Ornelas, Emanuel BALANCE OF PAYMENTS BARGAINING POWER BILATERAL AGREEMENTS BILATERAL TRADE BILATERAL TRADE AGREEMENTS BLOC MEMBERS COMPARATIVE ADVANTAGE CONCESSION CONSUMER SURPLUS CURRENCY CUSTOM UNIONS CUSTOMS CUSTOMS UNION CUSTOMS UNIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY TARIFFS DOMESTIC INDUSTRY DOMESTIC PRICE DUTY-FREE TREATMENT ECONOMIC COMMUNITY ECONOMIC INTEGRATION ENDOGENOUS TARIFF ENDOGENOUS TARIFF FORMATION ESCAPE CLAUSE EUROPEAN UNION EXPORT SECTOR EXPORT SUPPLY EXPORTERS EXPORTS EXTERNAL LIBERALIZATION EXTERNAL TARIFF EXTERNAL TARIFF STRUCTURE EXTERNAL TARIFFS EXTERNAL TRADE EXTERNAL TRADE BARRIERS EXTERNAL TRADE LIBERALIZATION EXTERNAL TRADE POLICIES FINANCIAL SUPPORT FORMATION OF CUSTOMS UNIONS FREE ACCESS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS FREE TRADE AREA FREE TRADE AREAS FREE TRADE ZONES FREE TREATMENT FREE-TRADE AGREEMENTS GENERAL AGREEMENT ON TARIFFS GENERAL EQUILIBRIUM GLOBAL LIBERALIZATION GLOBAL TRADING HARMONIZATION HIGH TARIFFS HOME COUNTRY HOME GOVERNMENT IMPORT DEMAND IMPORT SHARE IMPORT TARIFF IMPORT-COMPETING SECTOR IMPORT-COMPETING SECTORS IMPORTS INTEGRATING COUNTRIES INTERNAL FREE TRADE INTERNAL LIBERALIZATION INTERNAL TARIFFS INTERNAL TRADE INTERNAL TRADE BARRIERS INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL STANDARD INTERNATIONAL TRADE INTERNATIONAL TRADE POLICY LABOR STANDARDS LEVEL OF PROTECTION LOBBYING MARKET ACCESS MARKET POWER MEMBER COUNTRIES MFN TARIFFS MULTILATERAL AGREEMENTS MULTILATERAL FREE TRADE MULTILATERAL LEVEL MULTILATERAL LIBERALIZATION MULTILATERAL NEGOTIATIONS MULTILATERAL SYSTEM MULTILATERAL TARIFF REDUCTION MULTILATERAL TARIFFS MULTILATERAL TRADE MULTILATERAL TRADE LIBERALIZATION MULTILATERALISM NON-MEMBER COUNTRIES NON-TRADE AREAS OPEN TRADE OPTIMAL TARIFF OPTIMAL TARIFFS PERFECT COMPETITION POLICY RESEARCH POLITICAL ECONOMY POLITICALLY SENSITIVE SECTORS PREFERENCE EROSION PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PREFERENTIAL LIBERALIZATION PREFERENTIAL MARGIN PREFERENTIAL MARGINS PREFERENTIAL PARTNERS PREFERENTIAL RATE PREFERENTIAL RATES PREFERENTIAL REDUCTION PREFERENTIAL REDUCTIONS PREFERENTIAL TARIFF PREFERENTIAL TARIFF REDUCTION PREFERENTIAL TARIFFS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PREFERENTIAL TRADE ARRANGEMENT PREFERENTIAL TRADING PREFERENTIAL TRADING AREAS PREFERENTIAL TRADING ARRANGEMENTS PREFERENTIAL TREATMENT PROTECTION LEVELS PROTECTIONISM PROTECTIONIST RECIPROCITY REGIONAL AGREEMENT REGIONAL AGREEMENTS REGIONAL INSTITUTIONS REGIONAL INTEGRATION REGIONAL PARTNERS REGIONAL TRADE REGIONAL TRADE AGREEMENT REGIONAL TRADE AGREEMENTS REGIONAL TRADE BLOCS REGIONAL TRADE LIBERALIZATION REGIONALISM REGIONALIZATION RULES OF ORIGIN SIDE AGREEMENTS SOURCING STANDARD ERRORS TARIFF BINDINGS TARIFF CHANGES TARIFF CONCESSIONS TARIFF CREATION TARIFF CUTS TARIFF DATA TARIFF DIVERSION TARIFF FORMATION TARIFF INCREASES TARIFF LEVELS TARIFF LIBERALIZATION TARIFF LINE TARIFF PREFERENCES TARIFF RATES TARIFF REDUCTIONS TARIFF REVENUE TERMS OF TRADE TERMS OF TRADE LOSS TERMS OF TRADE LOSSES TRADE AGREEMENT TRADE BLOC TRADE BLOCS TRADE CHANGES TRADE CONCESSIONS TRADE CREATING TRADE DATA TRADE DIVERSION TRADE LIBERALIZATION TRADE LOSSES TRADE OBJECTIVES TRADE OPENNESS TRADE PARTNER TRADE POLICIES TRADE POLICY TRADE PREFERENCES TRADE REFORM TRADE ROUND TRADE SYSTEM TRADE THEORY TRADING BLOCS TRADING PARTNERS UNILATERAL LIBERALIZATION UNILATERAL TRADE UNILATERAL TRADE LIBERALIZATION WAGE RATE WORLD ECONOMY WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM This paper examines the effect of regionalism on unilateral trade liberalization using industry-level data on applied most-favored nation tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. The findings show that preferential tariff reduction in a given sector leads to a reduction in the external (most-favored nation) tariff in that sector. External liberalization is greater if preferences are granted to important suppliers. However, these "complementarity effects" of preferential liberalization on external liberalization do not arise in customs unions. Overall, the results suggest that concerns about a negative effect of preferential liberalization on external trade liberalization are unfounded. 2012-06-01T21:26:18Z 2012-06-01T21:26:18Z 2008-10 http://documents.worldbank.org/curated/en/2008/10/9934137/regionalism-affect-trade-liberalization-toward-non-members http://hdl.handle.net/10986/6936 English Policy Research Working Paper; No. 4751 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research