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.