Econometric Assessment of a European and Indian Free Trade Agreement

Bodo Herzog; Preeta George

doi:doi:10.11648/j.jwer.20140301.12

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Econometric Assessment of a European and Indian Free Trade Agreement

Bodo Herzog, Preeta George

Published in Journal of World Economic Research (Volume 3, Issue 1)

Received: 27 March 2014 Accepted: 11 April 2014 Published: 20 April 2014

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Abstract

This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India

Published in	Journal of World Economic Research (Volume 3, Issue 1)
DOI	10.11648/j.jwer.20140301.12
Page(s)	8-14
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

EU-India, Free Trade Agreement, Gravity Model, JEL Classification: F14, F15, F43, O43

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APA Style

Bodo Herzog, Preeta George. (2014). Econometric Assessment of a European and Indian Free Trade Agreement. Journal of World Economic Research, 3(1), 8-14. https://doi.org/10.11648/j.jwer.20140301.12

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ACS Style

Bodo Herzog; Preeta George. Econometric Assessment of a European and Indian Free Trade Agreement. J. World Econ. Res. 2014, 3(1), 8-14. doi: 10.11648/j.jwer.20140301.12

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AMA Style

Bodo Herzog, Preeta George. Econometric Assessment of a European and Indian Free Trade Agreement. J World Econ Res. 2014;3(1):8-14. doi: 10.11648/j.jwer.20140301.12

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@article{10.11648/j.jwer.20140301.12,
  author = {Bodo Herzog and Preeta George},
  title = {Econometric Assessment of a European and Indian Free Trade Agreement},
  journal = {Journal of World Economic Research},
  volume = {3},
  number = {1},
  pages = {8-14},
  doi = {10.11648/j.jwer.20140301.12},
  url = {https://doi.org/10.11648/j.jwer.20140301.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20140301.12},
  abstract = {This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India},
 year = {2014}
}

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TY  - JOUR
T1  - Econometric Assessment of a European and Indian Free Trade Agreement
AU  - Bodo Herzog
AU  - Preeta George
Y1  - 2014/04/20
PY  - 2014
N1  - https://doi.org/10.11648/j.jwer.20140301.12
DO  - 10.11648/j.jwer.20140301.12
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 8
EP  - 14
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20140301.12
AB  - This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India
VL  - 3
IS  - 1
ER  -

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Author Information

Bodo Herzog

Department of Economics, ESB Business School, Reutlingen University, Reutlingen, Germany
Preeta George

S.P. Jain Institute of Management & Research (SPJIMR), Bhavans College Campus, Mumbia, India

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APA Style

Bodo Herzog, Preeta George. (2014). Econometric Assessment of a European and Indian Free Trade Agreement. Journal of World Economic Research, 3(1), 8-14. https://doi.org/10.11648/j.jwer.20140301.12

Copy | Download

ACS Style

Bodo Herzog; Preeta George. Econometric Assessment of a European and Indian Free Trade Agreement. J. World Econ. Res. 2014, 3(1), 8-14. doi: 10.11648/j.jwer.20140301.12

Copy | Download

AMA Style

Bodo Herzog, Preeta George. Econometric Assessment of a European and Indian Free Trade Agreement. J World Econ Res. 2014;3(1):8-14. doi: 10.11648/j.jwer.20140301.12

Copy | Download

@article{10.11648/j.jwer.20140301.12,
  author = {Bodo Herzog and Preeta George},
  title = {Econometric Assessment of a European and Indian Free Trade Agreement},
  journal = {Journal of World Economic Research},
  volume = {3},
  number = {1},
  pages = {8-14},
  doi = {10.11648/j.jwer.20140301.12},
  url = {https://doi.org/10.11648/j.jwer.20140301.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20140301.12},
  abstract = {This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - Econometric Assessment of a European and Indian Free Trade Agreement
AU  - Bodo Herzog
AU  - Preeta George
Y1  - 2014/04/20
PY  - 2014
N1  - https://doi.org/10.11648/j.jwer.20140301.12
DO  - 10.11648/j.jwer.20140301.12
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 8
EP  - 14
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20140301.12
AB  - This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India
VL  - 3
IS  - 1
ER  -

Copy | Download