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  • 标题:The Bright Side of the Generalized System of (Trade) Preferences: Lessons from Agricultural Trade
  • 本地全文:下载
  • 作者:Anupa Sharma ; Kathryn Boys ; Jason Grant
  • 期刊名称:Journal of Agricultural and Resource Economics
  • 印刷版ISSN:1068-5502
  • 出版年度:2019
  • 卷号:44
  • 期号:1
  • 页码:32-61
  • 出版社:WAEA
  • 摘要:Empirical evidence on the Generalized System of Preferences (GSP) for low-income countriesgenerally portrays a rather stark prediction: the program has produced virtually no impacton intended low-income beneficiaries’ exports to high-income countries. This result, based ontotal merchandise trade, is misleading because it masks three underlying heterogeneities in theprogram: i) preference structure across countries, ii) pre-existing distortions across sectors, andiii) rules of origin. Using a theoretically consistent gravity equation for sector- and product-leveltrade over 1962–2010, we illustrate that the GSP has delivered significant positive effects for lowincomecountries’ agricultural exports (but not necessarily for their nonagricultural exports) todeveloped countries.
  • 关键词:gravity; heterogeneity; Poisson pseudo;maximum likelihood
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