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Seth Omondi Gor
School of Economics, University of Nairobi, Nairobi, Kenya
Economics, Econometrics & Finance Social Sciences

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The Turn towards Regional Trade Agreements: Is EAC Welfare Enhancing to Partner States? Seth Omondi Gor
Journal of World Trade Studies Vol 2 No 1 (2011): Developing Countries in Global Trading System
Publisher : Journal of World Trade Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jwts.v2i1.802

Abstract

This study attempts to assess the welfare effects of EAC on partner states in the backdrop of multiple memberships in different Regional Trade Agreements. Using UN COMTRADE databas at 6 digit level of aggregation with HS96 nomenclature, we estimate a number of trade indicator with a view to evaluating the composition of trade structures, trade flows, the degree of opennes of the economies, and the potential for trade diversion or creation, all of which have critical implications for EAC’s integration process. On the basis of these indicators, we find that EAC is welfare enhancing to partner states.
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