|
| |
| Alexandre Loures, Leonardo Mattos and Erik Figueiredo |
| |
| ''Bilateral agreements and imbalances in international trade'' |
| ( 2025, Vol. 45 No.2 ) |
| |
| |
| Using a Ricardian model of trade, this article analyzes a new framework in the international trade literature, namely: the effects of "Regional Trade Agreements" -- RTAs -- on the imbalance of bilateral trade, understood as the share of net exports in trade bilateral gross. The results indicate that all types of trade agreements are associated with an average fall of 3.95% in the trade imbalance. In addition, the reported values are in line with the results of Baier, Bergstrand and Feng (2014) that there is an accumulation effect of the impacts of RTAs. Finally, the analyzes considering a generic measure for the RTAs underestimated the effects of the agreements. |
| |
| |
| Keywords: Regional Trade Agreements, international trade, trade imbalance, economic integration |
JEL: F1 - Trade: General
|
| |
| Manuscript Received : Mar 25 2023 | | Manuscript Accepted : Jun 30 2025 |
|
