GLIMS Journal of Management Review
and Transformation
issue front

Rinku Manocha1

First Published 11 Jan 2024. https://doi.org/10.1177/jmrt.231222748
Article Information
Corresponding Author:

Rinku Manocha, Department of Commerce, Hindu College, University of Delhi, New Delhi 110007, India.
Email: rmanocha2002@yahoo.com

1 Department of Commerce, Hindu College, University of Delhi, New Delhi, India

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.0/) which permits non-Commercial use, reproduction and distribution of the work without further permission provided the original work is attributed.

Abstract

Economies that have a negotiated regional trade agreement (RTA) are liberalising various economic norms among member nations (including trade, investment, environment and other strategic parameters) to strengthen long-term flows of goods, services and capital. Hence, numerous studies have been conducted to empirically examine the impact of regional integrations on trade and investment using various econometric tools and techniques. The present study was an attempt to state and identify the contribution of such studies. An insight into the existing literature depicted varied results; rather than: some studies stated that the regional economic integration is facilitating world trade and also supporting the flow of capital among member nations, whereas few studies depicted a non-collaborated association between RTA and trade/investment. Further, a review of the literature depicted that few RTAs still need to work towards enhancing the depth of trade and investment provision to further strengthen the flows of trade and investment in the years to come.

Keywords

Regional trade agreement, trade, investment, trade creation, trade diversion, investment creation, investment diversion

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