TY  - JOUR
AV  - public
TI  - The New Regionalism and Policy Interdependency
Y1  - 2011/06//
KW  - Preferential trade agreements
KW  -  diffusion
KW  -  spatial econometrics
KW  -  regionalism
KW  -  learning
KW  -  policy interdependence
UR  - http://journals.cambridge.org/article_S0007123411000238
JF  - British Journal of Political Science
A1  - Baccini, Leonardo
A1  - Duer, Andreas
SN  - 0007-1234
PB  - Cambridge University Press
N2  - Since 1990, the number of preferential trade agreements has increased rapidly. The argument in this article explains this phenomenon, known as the new regionalism, as a result of competition for market access; exporters facing trade diversion because of their exclusion from a preferential trade agreement concluded by foreign countries push their governments into signing an agreement with the country in which their exports are threatened. The argument is tested in a quantitative analysis of the proliferation of preferential trade agreements among 167 countries between 1990 and 2007. The finding that competition for market access is a major driving force of the new regionalism is a contribution to the literature on regionalism and to broader debates about global economic regulation.
SP  - 1
ID  - eprints23
EP  - 23
ER  -