University of Sussex
Browse

File(s) not publicly available

Trade diversion under selective preferential market access

journal contribution
posted on 2023-06-08, 11:47 authored by Ingo BorchertIngo Borchert
The European Community (EC) operates a multi-layered GSP scheme in which different groups of developing countries are granted varying degrees of market access. This paper analyzes the question of trade diversion among different categories of beneficiary countries ensuing from the selectivity of preferential market access. Evidence from a disaggregated panel data analysis reveals sizable intra-developing country trade diversion. The losses for relatively disadvantaged countries in terms of forgone trade volume are estimated to range between about 2% to 20% of their total trade with the EC. The distortions are driven by highly substitutable, mostly labour-intensive commodities.

History

Publication status

  • Published

Journal

Canadian Journal of Economics

ISSN

0008-4085

Publisher

Blackwell Publishing

Issue

4

Volume

42

Page range

1390-1410

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-06-14

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC