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- W3150616805 abstract "This paper examines the preferential trade agreements’ (PTAs) effects on import flows. In previous studies, standard gravity models based on ordinary least squares (OLS) are applied in order to study the effects of PTAs participation. However, the use of this traditional method leads to an increased risk of so-called self-selection bias. That is, the countries that enter PTAs are non-randomized, which implies that these countries possess different features compared to other, often weaker, countries. In contrast to previous studies, I apply a matching technique which is able to address this selection bias, heterogeneity, and is more robust to solve the misspecification bias. Thus, despite that this remedial so-called propensity-score matching technique is utilized to filter out the problems of self-selection, we still come to the main conclusion that PTAs participation seems to increase the nations’ import flows." @default.
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- W3150616805 date "2013-01-01" @default.
- W3150616805 modified "2023-09-24" @default.
- W3150616805 title "The Impact of Preferential Trade Agreements on Import Flows" @default.
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