The Impact of Regional Trade Agreements on Trade between India and Belt and Road Initiative Nations

By : Hajra Manzoor , Parvez Ahmad Mir

Page No: 169-176

Abstract
This article evaluates the influence of regional trade agreements (RTAs) and international borders on international trade between India and the BRI nations using the structural gravity framework. The methodology utilised in this research produces robust results by accounting for endogeneity, RTA phasing-ins, multilateral impacts, and multiple estimation techniques. This analysis demonstrates that the influence of RTAs on trade among India and the BRI countries becomes minimal when the consequences of globalization are considered. Furthermore, the diminishing influence of international borders on trade flow among member countries shows that more trade being facilitated between open economies.
 

Authors :
Hajra Manzoor
Research Scholar, Department of Management Studies, Islamic University of Science and Technology, India.

Parvez Ahmad Mir
Associate Professor, Department of Management Studies, Islamic University of Science and Technology, India.
 

DOI: https://doi.org/10.32381/PROD.2022.63.02.4