Do Deep Trade Agreements Boost Vertical FDI?

An increasing number of preferential trade agreements (PTAs) and the rise of offshore production are distinctive features of the modern world economy. Exploiting the World Trade Organization (WTO) database on the content of deep trade agreements, t...

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Main Authors: Osnago, Alberto, Rocha, Nadia, Ruta, Michele
Format: Journal Article
Language:English
Published: Published by Oxford University Press on behalf of the World Bank 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/113601565592438000/Do-Deep-Trade-Agreements-Boost-Vertical-FDI
http://hdl.handle.net/10986/32237
id okr-10986-32237
recordtype oai_dc
spelling okr-10986-322372021-05-25T10:54:42Z Do Deep Trade Agreements Boost Vertical FDI? Osnago, Alberto Rocha, Nadia Ruta, Michele PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT FOREIGN DIRECT INVESTMENT FIRM OWNERSHIP GLOBAL VALUE CHAIN TRADE DIVERSION TRADE POLICY REGIONAL INTEGRATION An increasing number of preferential trade agreements (PTAs) and the rise of offshore production are distinctive features of the modern world economy. Exploiting the World Trade Organization (WTO) database on the content of deep trade agreements, the authors build on the existing literature to investigate whether deep trade agreements between countries are related to vertical foreign direct investment (FDI). Specifically, the authors show that deeper trade agreements increase vertical FDI measured with a proxy constructed in Osnago, Rocha, and Ruta with data on foreign firm ownership and subsidiaries’ revenues available in the ORBIS database. 2019-08-13T18:53:00Z 2019-08-13T18:53:00Z 2016-04-18 Journal Article http://documents.worldbank.org/curated/en/113601565592438000/Do-Deep-Trade-Agreements-Boost-Vertical-FDI World Bank Economic Review http://hdl.handle.net/10986/32237 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENT
FOREIGN DIRECT INVESTMENT
FIRM OWNERSHIP
GLOBAL VALUE CHAIN
TRADE DIVERSION
TRADE POLICY
REGIONAL INTEGRATION
spellingShingle PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENT
FOREIGN DIRECT INVESTMENT
FIRM OWNERSHIP
GLOBAL VALUE CHAIN
TRADE DIVERSION
TRADE POLICY
REGIONAL INTEGRATION
Osnago, Alberto
Rocha, Nadia
Ruta, Michele
Do Deep Trade Agreements Boost Vertical FDI?
description An increasing number of preferential trade agreements (PTAs) and the rise of offshore production are distinctive features of the modern world economy. Exploiting the World Trade Organization (WTO) database on the content of deep trade agreements, the authors build on the existing literature to investigate whether deep trade agreements between countries are related to vertical foreign direct investment (FDI). Specifically, the authors show that deeper trade agreements increase vertical FDI measured with a proxy constructed in Osnago, Rocha, and Ruta with data on foreign firm ownership and subsidiaries’ revenues available in the ORBIS database.
format Journal Article
author Osnago, Alberto
Rocha, Nadia
Ruta, Michele
author_facet Osnago, Alberto
Rocha, Nadia
Ruta, Michele
author_sort Osnago, Alberto
title Do Deep Trade Agreements Boost Vertical FDI?
title_short Do Deep Trade Agreements Boost Vertical FDI?
title_full Do Deep Trade Agreements Boost Vertical FDI?
title_fullStr Do Deep Trade Agreements Boost Vertical FDI?
title_full_unstemmed Do Deep Trade Agreements Boost Vertical FDI?
title_sort do deep trade agreements boost vertical fdi?
publisher Published by Oxford University Press on behalf of the World Bank
publishDate 2019
url http://documents.worldbank.org/curated/en/113601565592438000/Do-Deep-Trade-Agreements-Boost-Vertical-FDI
http://hdl.handle.net/10986/32237
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