Free trade agreement between Tunisia and the European union, do institutions matter?: an empirical validation by a gravity model
Journal Title: Journal of Asian Business Strategy - Year 2015, Vol 5, Issue 2
Abstract
Tunisia has signed a free trade agreement with the European Union in 1996, which provides for the reduction of tariff barriers between Tunisia and the EU. In this article, we aim to know and test whether the similarity of the institutional framework has to stimulate international trade between Tunisia and the European Union. In this context, we built a variable called “Institutional distance” to valid the institutional dimension of international trade, near borders effects reported in the literature. To this end, a gravity model was used initially (Tunisia and 21 European countries). Secondly, the estimate shows the existence of spatial autocorrelation. The latter has been corrected using spatial econometrics. The results show that the geographical distance remains more important than the institutions in this type of agreement between north and south shores of the Mediterranean.
Authors and Affiliations
Anis Kacem
Keywords
Related Articles
- EP ID EP101289
- DOI -
- Views 132
- Downloads 0
Work-family conflict and employee job satisfaction: A comparison of state-owned and foreign-invested enterprises in Vietnam
Work and family issues have been long discussed in academic and practices. Work affects family and personal life and vice versa. The relationship of work and family could lead to positive consequences (e.g. Improve...
Efficiency of training: A comparative study on some selected commercial banks in Bangladesh
Most of the commercial banks in Bangladesh arrange different training programs for adapting their existing human resources to their jobs and also updating new information or techniques and reshaping their knowledge...
Demographic variables and retail choice pattern amongst urban Nigeria consumers
The policy importance of demographic studies is yet to be fully tapped as changes in retail pattern in most cities are worth explaining. The study looked at the impact of consumer demographics variables on consumer...
Talent management as a source of competitive advantage
In this dynamic and competitive business era organizations are facing challenges in talent management. Talent management of talented worker is becoming of great importance for the organizations which are working on globa...
Basel accord and banking competitivity
The first Basel Accord 1988 focused on the adoption of fixed minimum capital requirements, which led some banks to maintain higher capital ratios than they deserve some other banks succeeded in limiting risk-taking relat...