{
  "title": "Do South-South Trade Agreements Increase Trade? Commodity-Level Evidence from COMESA",
  "publication": "IMF Working Papers, February 1, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/31/do-south-south-trade-agreements-increase-trade-commodity-level-evidence-from-comesa-19909",
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  "summary": "South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade patterns.",
  "sections": [
    {
      "heading": "Research question and scope",
      "content": "- Focus: static effects of South-South preferential trade agreements stemming from changes in trade patterns.\n- Specific case: impact of the Common Market for Eastern and Southern Africa (COMESA) on Uganda's imports between 1994 and 2003.\n- Context: South-South trade agreements proliferation—developing countries signed 70 new agreements between 1990 and 2003."
    },
    {
      "heading": "Data and methodology",
      "content": "- Data:\n  - Detailed import and tariff data at the 6-digit harmonized system level.\n  - Coverage: more than 1,000 commodities.\n- Empirical approach:\n  - Difference-in-difference estimation strategy to identify the impact of COMESA preferential tariff liberalization on Uganda's imports."
    },
    {
      "heading": "Key findings",
      "content": "- Aggregate effect:\n  - COMESA's preferential tariff liberalization has not considerably increased Uganda's trade with member countries, on average across sectors.\n- Heterogeneity:\n  - The effect is heterogeneous across sectors (magnitude and direction vary by sector).\n- Trade diversion:\n  - The paper finds no evidence of trade-diversion effects."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Commodities, Imports, Tariffs, Trade agreements, Trade liberalization\n- Keywords: COMESA country, tariff rate, trade creation, trade diversion, WP"
    },
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      "content": "- Authors: Anna Maria Mayda, Chad Steinberg\n- Date: February 1, 2007\n- Pages: 35\n- Volume: 2007\n- Issue: 040\n- Series: Working Paper No. 2007/040\n- DOI: https://doi.org/10.5089/9781451866049.001\n- ISBN: 9781451866049\n- ISSN: 1018-5941\n\nIMF Working Paper by Anna Maria Mayda and Chad Steinberg, February 1, 2007.\n\n---\n\n Content in this bundle\n\n- wp0740 - Appendix Tables\n  - wp0740 - Appendix Tables (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp0740 - Appendix Tables (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/do-south-south-trade-agreements-increase-trade-commodity-level-evidence-from-comesa-19909"
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    "Authors: Anna Maria Mayda, Chad Steinberg",
    "Published: February 1, 2007",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451866049.001",
    "Focus: static effects of South-South preferential trade agreements stemming from changes in trade patterns.",
    "Specific case: impact of the Common Market for Eastern and Southern Africa (COMESA) on Uganda's imports between 1994 and 2003.",
    "Context: South-South trade agreements proliferation—developing countries signed 70 new agreements between 1990 and 2003.",
    "Data:",
    "Empirical approach:",
    "Aggregate effect:",
    "Heterogeneity:",
    "Trade diversion:",
    "Subject: Commodities, Imports, Tariffs, Trade agreements, Trade liberalization",
    "Keywords: COMESA country, tariff rate, trade creation, trade diversion, WP",
    "Authors: Anna Maria Mayda, Chad Steinberg",
    "Date: February 1, 2007",
    "Pages: 35",
    "Volume: 2007",
    "Issue: 040",
    "Series: Working Paper No. 2007/040",
    "DOI: https://doi.org/10.5089/9781451866049.001",
    "ISBN: 9781451866049",
    "ISSN: 1018-5941",
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