Abstract:
Export is an important
factor in economic development and the creation of regional
agreements is one of the ways to facilitate trade and exports; but measuring the success
rate of these agreements is one of the challenges of this field. In this study, we compared
the factors aff
ecting agricultural exports and imports in the ECO and European Union
countries. The purpose of this study was to assess the potential effects of countries
’
trade
policies on the other countries that are in the same trade zone.
To achieve this objective,
w
e used spatial econometric techniques on data regarding the years between 1992 and
2013. The results showed that spatial effects were present in both trade zones. The
comparison of coefficients of these variables in the import and export functions, led to
the
introduction of a new index which can be used as a criterion to evaluate the level of
agricultural development in different trade zones.
Keywords
: Agricultural
e
xport and
import,
Regional
a
greements
t
rade, Spatial
e
conometric
.
