Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks
This paper employs an interdisciplinary approach that combines economics with Fuzzy Analytic Hierarchy Process (FAHP) approach to de-codify the anatomy of free trade agreements (FTA) determinants focusing, in particular, on the case of EU-India FTA. The novelty of this paper is the systematic empiri...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2018-12-01
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Series: | Technological and Economic Development of Economy |
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Online Access: | https://www.bme.vgtu.lt/index.php/TEDE/article/view/6618 |
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author | Sangeeta Khorana Jaemin Cho Jaeho Lee Marta Disegna |
author_facet | Sangeeta Khorana Jaemin Cho Jaeho Lee Marta Disegna |
author_sort | Sangeeta Khorana |
collection | DOAJ |
description | This paper employs an interdisciplinary approach that combines economics with Fuzzy Analytic Hierarchy Process (FAHP) approach to de-codify the anatomy of free trade agreements (FTA) determinants focusing, in particular, on the case of EU-India FTA. The novelty of this paper is the systematic empirical analysis of the FTA determinants using FAHP. More than a hundred businesses and trade practitioners were interviewed in the EU and India to understand the lack of momentum in FTA talks. Our findings indicate that economic and political criteria are predominant FTA determinants, with market access potential (economic) as important factors driving the EU-India FTA talks. Given that results suggest similar perceptions of both the EU and India interview-ees to FTA determinants it is likely that the EU and India could find common ground and resume the languishing FTA negotiations. |
first_indexed | 2024-12-19T13:10:58Z |
format | Article |
id | doaj.art-06373f3a6b674ee08228bc75605ff261 |
institution | Directory Open Access Journal |
issn | 2029-4913 2029-4921 |
language | English |
last_indexed | 2024-12-19T13:10:58Z |
publishDate | 2018-12-01 |
publisher | Vilnius Gediminas Technical University |
record_format | Article |
series | Technological and Economic Development of Economy |
spelling | doaj.art-06373f3a6b674ee08228bc75605ff2612022-12-21T20:19:56ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212018-12-0124610.3846/tede.2018.6618Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talksSangeeta Khorana0Jaemin Cho1Jaeho Lee2Marta Disegna3The Business School, Faculty of Management, Bournemouth University, 89 Holdenhurst Road, Bournemouth BH8 8EB, United KingdomCollege of Business Administration, University of Ulsan, 93 Daehak-ro, Mugeo-dong, Nam-gu, Ulsan, Republic of KoreaDepartment of International Business and Trade, Kyung Hee University, 26 Kyunghee-daero, Dongdaemun-gu, Seoul, 02447, Republic of KoreaThe Business School, Faculty of Management, Bournemouth University, 89 Holdenhurst Road, Bournemouth BH8 8EB, United KingdomThis paper employs an interdisciplinary approach that combines economics with Fuzzy Analytic Hierarchy Process (FAHP) approach to de-codify the anatomy of free trade agreements (FTA) determinants focusing, in particular, on the case of EU-India FTA. The novelty of this paper is the systematic empirical analysis of the FTA determinants using FAHP. More than a hundred businesses and trade practitioners were interviewed in the EU and India to understand the lack of momentum in FTA talks. Our findings indicate that economic and political criteria are predominant FTA determinants, with market access potential (economic) as important factors driving the EU-India FTA talks. Given that results suggest similar perceptions of both the EU and India interview-ees to FTA determinants it is likely that the EU and India could find common ground and resume the languishing FTA negotiations.https://www.bme.vgtu.lt/index.php/TEDE/article/view/6618free trade agreementnegotiationsfuzzy AHPfuzzy numbers |
spellingShingle | Sangeeta Khorana Jaemin Cho Jaeho Lee Marta Disegna Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks Technological and Economic Development of Economy free trade agreement negotiations fuzzy AHP fuzzy numbers |
title | Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks |
title_full | Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks |
title_fullStr | Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks |
title_full_unstemmed | Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks |
title_short | Employing FAHP to de-codify the determinants of trade agreements: a case of the EU-India trade talks |
title_sort | employing fahp to de codify the determinants of trade agreements a case of the eu india trade talks |
topic | free trade agreement negotiations fuzzy AHP fuzzy numbers |
url | https://www.bme.vgtu.lt/index.php/TEDE/article/view/6618 |
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