Summary
the 2014 International Symposium on Nonlinear Theory and its Applications
2014
Session Number:B1L-D
Session:
Number:B1L-D5
The Research on the Formation Mechanism of Global FTAs Network
Yu-ying JIN,
pp.268-271
Publication Date:2014/9/14
Online ISSN:2188-5079
Summary:
Free trade agreements have proliferated since the mid-1990s. This paper aims to analyze the evolutionary mechanism of global FTAs network based on the complex network science. Firstly, a network structure was set up through the relevant statistical data, followed by the analysis of its statistical properties. Secondly, with the econometric model, the properties of FTAs network, in addition to traditional geographic and economic determinants, are found to have an important impact on the formation of FTAs. Thirdly, models are revised to include institutional, cultural and historical determinants, which prove to be robust to various econometric specifications. Finally, the conclusion is presented.