Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions

Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their...

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Main Author: Ruta, Michele
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/991871505132824059/Preferential-trade-agreements-and-global-value-chains-theory-evidence-and-open-questions
http://hdl.handle.net/10986/28367
id okr-10986-28367
recordtype oai_dc
spelling okr-10986-283672021-06-08T14:42:48Z Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions Ruta, Michele GLOBAL VALUE CHAIN TRADE AGREEMENTS PREFERENTIAL TRADE AGREEMENT Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their trade agreement partners? Would the undoing of deep agreements disrupt global value chains? What is the outlook for trade agreements and global value chains going forward? This paper reviews the small but growing literature on the role of deep agreements as the institutional underpinnings of global value chains. It discusses the available evidence and theoretical arguments, providing directions for future research in this area. 2017-09-21T19:24:30Z 2017-09-21T19:24:30Z 2017-09 Working Paper http://documents.worldbank.org/curated/en/991871505132824059/Preferential-trade-agreements-and-global-value-chains-theory-evidence-and-open-questions http://hdl.handle.net/10986/28367 English en_US Policy Research Working Paper;No. 8190 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic GLOBAL VALUE CHAIN
TRADE AGREEMENTS
PREFERENTIAL TRADE AGREEMENT
spellingShingle GLOBAL VALUE CHAIN
TRADE AGREEMENTS
PREFERENTIAL TRADE AGREEMENT
Ruta, Michele
Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
relation Policy Research Working Paper;No. 8190
description Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their trade agreement partners? Would the undoing of deep agreements disrupt global value chains? What is the outlook for trade agreements and global value chains going forward? This paper reviews the small but growing literature on the role of deep agreements as the institutional underpinnings of global value chains. It discusses the available evidence and theoretical arguments, providing directions for future research in this area.
format Working Paper
author Ruta, Michele
author_facet Ruta, Michele
author_sort Ruta, Michele
title Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
title_short Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
title_full Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
title_fullStr Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
title_full_unstemmed Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions
title_sort preferential trade agreements and global value chains : theory, evidence, and open questions
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/991871505132824059/Preferential-trade-agreements-and-global-value-chains-theory-evidence-and-open-questions
http://hdl.handle.net/10986/28367
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