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Author:Bergstrand, Jeffrey H. 

Working Paper
Do free trade agreements actually increase members’ international trade?

For more than forty years, the gravity equation has been a workhorse for cross-country empirical analyses of international trade flows and, in particular, the effects of free trade agreements (FTAs) on trade flows. However, the gravity equation is subject to the same econometric critique as earlier cross-industry studies of U.S. tariff and nontariff barriers and U.S. multilateral imports: Trade policy is not an exogenous variable. The authors address econometrically the endogeneity of FTAs using instrumental-variable (IV) techniques, control-function (CF) techniques, and panel-data ...
FRB Atlanta Working Paper , Paper 2005-03

Journal Article
The U.S. trade deficit: a perspective from selected bilateral trade models

New England Economic Review , Issue May , Pages 19-31

Journal Article
United States-Japanese trade: predictions using selected economic models

New England Economic Review , Issue May , Pages 26-37

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International trade 2 items

Japan 2 items

Balance of payments 1 items

Canada 1 items

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