TY - JOUR
T1 - Australia’s Free Trade Agreements (FTAs) and potentiality of wheat exports
T2 - A panel gravity model approach
AU - Timsina, Krishna P.
AU - Culas, Richard J
N1 - Publisher Copyright:
© 2021 Taylor & Francis Group, LLC.
Includes bibliographical references
Funding Information:
This study was made possible by the generous support of the Australian Government, Department of Education and Training under Endeavour Research Fellowship (Post-doctoral) [recipient ID number 6636-2018]. The contents are the responsibility of the authors and do not necessarily reflect the views of the Australian Government.
Publisher Copyright:
© 2021 Taylor & Francis Group, LLC.
PY - 2022
Y1 - 2022
N2 - This paper estimates the trade creation and export diversion effects of different Australia’s free trade agreements (FTAs) using the panel data from 1996 to 2017. The heteroscedasticity robust Regression Error Specification Test confirms the relevance of Poisson Pseudo Maximum Likelihood estimator over Ordinary Least Square estimator. Results showed that the total trade creation effects of FTAs in wheat trade is higher than Intra block export diversion. The exhausted wheat exports potentiality from Australia to the countries like Indonesia, Iraq, Japan, Korea, and the Philippines has suggested seeking for additional potential markets based on demand in the future.
AB - This paper estimates the trade creation and export diversion effects of different Australia’s free trade agreements (FTAs) using the panel data from 1996 to 2017. The heteroscedasticity robust Regression Error Specification Test confirms the relevance of Poisson Pseudo Maximum Likelihood estimator over Ordinary Least Square estimator. Results showed that the total trade creation effects of FTAs in wheat trade is higher than Intra block export diversion. The exhausted wheat exports potentiality from Australia to the countries like Indonesia, Iraq, Japan, Korea, and the Philippines has suggested seeking for additional potential markets based on demand in the future.
KW - Australia
KW - free trade agreements
KW - gravity model
KW - panel data
KW - wheat export
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U2 - 10.1080/10669868.2021.1974640
DO - 10.1080/10669868.2021.1974640
M3 - Article
AN - SCOPUS:85115304084
SN - 1066-9868
VL - 28
SP - 61
EP - 88
JO - Journal of East-West Business
JF - Journal of East-West Business
IS - 1
ER -