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Agricultural Economics

Louisiana State University

LSU Master's Theses

2006

Regional trade agreements (rtas)

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Analysis Of Trade In The Western Hemisphere Utilizing A Gravity Model Framework, Brian Matthew Hilbun Jan 2006

Analysis Of Trade In The Western Hemisphere Utilizing A Gravity Model Framework, Brian Matthew Hilbun

LSU Master's Theses

With the recent proliferation of Regional Trade Agreements (RTAs) the tendency world-wide has been seemingly toward trade liberalization. This thesis is primarily concerned with the impacts RTAs have had in the Western Hemisphere regarding agricultural trade flows. Utilizing the framework of the Gravity Model, agricultural trade flows for 24 Western Hemisphere Nations were examined. In the course of the study it was expected that if RTAs were to have an effect it would be a positive Trade Creation Effect and a negative Trade Diversion Effect with positive effects for GDP of importer/exporter and population size of importer/exporter and a negative …