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EU trade agreements and non-trade policy objectives
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1028-3625
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EUI RSC; 2021/48; Global Governance Programme-443; [Global Economics]
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FERRARI, Alessandro, FIORINI, Matteo, FRANCOIS, Joseph, HOEKMAN, Bernard M., LECHNER, Lisa, MANCHIN, Miriam, SANTI, Filippo, EU trade agreements and non-trade policy objectives, EUI RSC, 2021/48, Global Governance Programme-443, [Global Economics] - https://hdl.handle.net/1814/70879
Abstract
The EU’s common commercial policy is used as an instrument to realize its values in EU trading partners, reflected in the inclusion of sustainable trade and development chapters in EU preferential trade agreements (PTAs). In this paper we ask if including non-trade provisions (NTPs) in EU PTAs has a systematic positive effect on non-trade outcomes in partner countries. We analyze the relationship between bilateral trade flows, the coverage of NTPs in EU PTAs and the performance of EU partner countries on several non-trade outcome variables using synthetic control methods. We find no robust evidence of a causal effect of including NTPs in EU PTAs on indicators of non-trade outcomes.
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European Commission, 770680
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This project received funding from the European Union’s Horizon 2020 research and innovation program under grant
agreement No 770680