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Honors Theses

2017

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Do Preferential Trade Agreements Affect Us Exports? Empirical Evidence From Us Export Panel Data, Benjamin A. Fay Jun 2017

Do Preferential Trade Agreements Affect Us Exports? Empirical Evidence From Us Export Panel Data, Benjamin A. Fay

Honors Theses

The Trade-Related Aspects of Intellectual Property Rights (TRIPS) created under the World Trade Organization in 1995 established minimum standards of intellectual property rights (IPRs) for member nations. Concurrently, the US has used preferential trade agreements (PTAs) to negotiate for stronger IPR protections within its trading partners.

This paper empirically accesses the effects of PTAs on US exports. I use a gravity model of trade to analyze changes in US exports to 19 trading partners who signed a PTA with the US during the period 1991-2015. I regress US exports on dummy (binary) variables that identify the signing and entry-into-force of …