Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73507
Authors: 
Borsky, Stefan
Leiter, Andrea
Pfaffermayr, Michael
Year of Publication: 
2011
Series/Report no.: 
Working Papers in Economics and Statistics 2011-17
Abstract: 
Trade-related measures aim to regulate side-effects in international environmental agreements and are expected to positively influence the level of participation in the agreements as well as their degree of stability. In this paper we examine one side-effect of the 1994 International Tropical Timber Agreement - its impact on tropical timber trade. We use a cross-sectional dataset on bilateral trade flows of tropical timber that additionally contains information on trading partners' economic and geographical characteristics. Our empirical specification is based on a gravity equation, which is estimated using Heckman's selection model to address the potentially systematic selection of trading partners. We find significantly positive impacts of the 1994 ITTA on member countries' level of tropical timber trade. Furthermore, poor exporter countries benefit more from this trade enhancing effect than their richer counterparts.
Subjects: 
International environmental agreements
side benefits
bilateral trade flows
product quality
sample selection
JEL: 
F53
Q23
Q27
F18
L15
Document Type: 
Working Paper

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