Catalonia’s Trade Strategy: Assessing the Impact of Trade Delegations and Other Agreements

Abstract

This study investigates the determinants of Catalan trade flows by ex- amining the impacts of Preferential Trade Agreements, Bilateral Investment Treaties , and the activities of the Catalan governmental agency, Accio, using a comprehensive dataset spanning from 1995 to 2020. The findings reveal that both PTAs and BITs generally foster trade. Furthermore the role of Accio as a facilitator of internationalization is also particularly significant, especially for differentiated goods.

Keywords: Regional Trade, Trade policy, Gravity Equation

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