caa a22 4500 445859156 CHVBK 20180317145437.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s10290-011-0095-9 doi (NATIONALLICENCE)springer-10.1007/s10290-011-0095-9 Trade creation and the status of FTAs: empirical evidence from East Asia [Elektronische Daten] [Florian Mölders, Ulrich Volz] East Asia has been considered a latecomer with respect to Free Trade Agreements (FTAs). Since the turn of the last century, however, FTAs with East Asian participation have seen an intra- and extra-regional expansion. Many trade initiatives have been proposed, negotiated or even implemented. This introduces interesting perspectives for the analysis of trade agreements regarding their anticipatory trade effects. This paper focuses on the trade impact of FTAs at different stages that East Asian economies participate in. The central part of this study is an econometric analysis that applies panel data to the gravity model of international trade flows. We augment the traditional model with variables to estimate trade effects of bilateral and multilateral agreements and year-to-year changes in the stages of their implementation. Our results reveal that there exist anticipatory effects preceding the actual implementation of bilateral FTAs with East Asian participation. Further, anticipation effects are larger for bilateral than for multilateral agreements, possibly because the realisation of bilateral agreements is considered more realistic. Kiel Institute, 2011 Free Trade Agreements nationallicence Trade nationallicence East Asia nationallicence Gravity model nationallicence Panel data nationallicence Mölders Florian DIW Berlin, Mohrenstraße 58, 10117, Berlin, Germany aut Volz Ulrich German Development Institute, Tulpenfeld 6, 53113, Bonn, Germany aut Review of World Economics Springer-Verlag 147/3(2011-09-01), 429-456 1610-2878 147:3<429 2011 147 10290 https://doi.org/10.1007/s10290-011-0095-9 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-011-0095-9 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Mölders Florian DIW Berlin, Mohrenstraße 58, 10117, Berlin, Germany aut NATIONALLICENCE 700 1- Volz Ulrich German Development Institute, Tulpenfeld 6, 53113, Bonn, Germany aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/3(2011-09-01), 429-456 1610-2878 147:3<429 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer