Observing the Effects of CAFTA on Trade Using the Gravity Model of Trade
Observing the Effects of CAFTA on Trade Using the Gravity Model of Trade
diplomová práce (OBHÁJENO)
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Trvalý odkaz
http://hdl.handle.net/20.500.11956/95015Identifikátory
SIS: 179222
Kolekce
- Kvalifikační práce [17642]
Autor
Vedoucí práce
Oponent práce
Semerák, Vilém
Fakulta / součást
Fakulta sociálních věd
Obor
Mezinárodní ekonomická a politická studia
Katedra / ústav / klinika
Institut ekonomických studií
Datum obhajoby
8. 2. 2018
Nakladatel
Univerzita Karlova, Fakulta sociálních vědJazyk
Angličtina
Známka
Výborně
Klíčová slova (česky)
Gravity model, CAFTA, FTAs, US trade, Central AmericaKlíčová slova (anglicky)
Gravity model, CAFTA, FTAs, US trade, Central AmericaThis thesis aims to analyse the effects of the Central America Free Trade Agreement on trade using the gravity model. The principal actors of interest are the United States of America and Central American countries combined with Dominican Republic as the other regional actor. Panel data was used with 153 countries for the period of 1995-2015. The model was specified using the dummy approach and estimated with OLS and PPML estimators to obtain results on effects of trade policy variables on exports. Estimates show mixed results but the general effect of CAFTA on exports is positive and significant. This trade creation effect makes CAFTA an important trade agreement for economic relations between member countries.