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The Impact of Regional Trade Agreements on Trade between India and Belt and Road Initiative Nations.

Authors :
MANZOOR, HAJRA
MIR, PARVEZ AHMAD
Source :
Productivity; Jul-Sep2022, Vol. 63 Issue 2, p169-176, 8p
Publication Year :
2022

Abstract

This article evaluates the influence of regional trade agreements (RTAs) and international borders on international trade between India and the BRI nations using the structural gravity framework. The methodology utilised in this research produces robust results by accounting for endogeneity, RTA phasing-ins, multilateral impacts, and multiple estimation techniques. This analysis demonstrates that the influence of RTAs on trade among India and the BRI countries becomes minimal when the consequences of globalisation are considered. Furthermore, the diminishing influence of international borders on trade flow among member countries shows that more trade being facilitated between open economies. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00329924
Volume :
63
Issue :
2
Database :
Complementary Index
Journal :
Productivity
Publication Type :
Academic Journal
Accession number :
162001308
Full Text :
https://doi.org/10.32381/PROD.2022.63.02.4