The Expansion of Preferential Trading Arrangements.
The growing number of preferential trading arrangements ( PTAs) since World War II has generated substantial interest in their economic and political effects. It has also prompted interest in the factors that give rise to PTAs, but very little research has been conducted on the growth of extant PTAs...
| Published in: | International Studies Quarterly Vol. 57; no. 3; pp. 592 - 605 |
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| Main Authors: | , |
| Format: | Article |
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Oxford University Press / USA
Sep2013
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=90181193&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 90181193 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00208833 ISQ jtl: International Studies Quarterly issn: 00208833 maglogo: N pubinfo: dt: Sep2013 vid: 57 iid: 3 pid: 622 pub: Oxford University Press / USA artinfo: ui: 90181193 10.1111/isqu.12064 ppf: 592 ppct: 13 formats: fmt: @attributes: type: P db: hlh ui: 90181193 tig: atl: The Expansion of Preferential Trading Arrangements. aug: au: Mansfield, Edward D. Pevehouse, Jon C.W. affil: University of Pennsylvania University of Wisconsin su: International trade International economic relations Customs unions Commercial treaties International relations theory Economic history -- 1945- sug: subj: International trade International economic relations International assistance International Trade Financing Customs unions Commercial treaties International relations theory Economic history -- 1945- ab: The growing number of preferential trading arrangements ( PTAs) since World War II has generated substantial interest in their economic and political effects. It has also prompted interest in the factors that give rise to PTAs, but very little research has been conducted on the growth of extant PTAs. To address this shortcoming, we analyze why some arrangements expand, whereas others do not. We find strong evidence that expansion is most likely when the existing members of a PTA display a high degree of trade openness and when the size distribution of these members is fairly uniform. We also find that PTAs that add new members are likely to do so again in the near future and that, throughout the global system, PTAs tend to expand in clusters. Equally, there is some indication that the market size of a PTA affects its odds of expansion. Finally, we investigate which states join enlarging PTAs. We find that PTAs expand by taking on new members that are economically and politically similar to existing members. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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