A Bayesian spatial probit estimation of Free Trade Agreement contagion

This paper analyzes the spatial interdependence of Free Trade Agreements (FTAs) in a cross-section framework using the Conta-gion Index proposed by Baldwin and Jaimovich (2010). A Bayesian heteroskedastic probit model is estimated, where a spatial lag is built based on the Contagion Index, finding evidence of interdependence related with a domino-like effect. I compare the results with simple probit estimations and other spatial specifications.

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Year of publication:	2010-06-15
Authors:	Jaimovich, Dany
Institutions:	International Economics Section, The Graduate Institute of International and Development Studies
Subject:	Contagion Index \| Free Trade Agreements \| Spatial probit

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Extent:	application/pdf
Series:	IHEID Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 07-2010
Classification:	F13 - Commercial Policy; Protection; Promotion; Trade Negotiations
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008682943