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- Title
Free trade agreement and transport service trade.
- Authors
Lee, Jaimin; Cho, Seong ‐ Hoon
- Abstract
This study investigates the effects of free trade agreements ( FTAs) on trade in transport services using OECD data from 2003 to 2006. Our analysis found that FTAs had a positive overall impact on transport services for multiple countries (i.e., 26 home and 56 partner countries). The resulting positive overall impact assures that, even with the challenges associated with different layers of services and the obstacles formed by generally low trade openness in the sector, the provisions in FTAs (e.g., national treatment and market access for goods and services) promote transport service trades. Our findings suggest that the provisions in FTAs encourage economic agents to increase engagement in transport services because of expanded openness of the physical movement of goods across international borders.
- Subjects
OECD countries; COMMERCIAL treaties; FREE trade; FOREIGN trade regulation; INTERNATIONAL trade
- Publication
World Economy, 2017, Vol 40, Issue 7, p1494
- ISSN
0378-5920
- Publication type
Article
- DOI
10.1111/twec.12501