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dc.contributor.authorBOFFA, Mauro
dc.contributor.authorJANSEN, Marion
dc.contributor.authorSOLLEDER, Olga
dc.date.accessioned2020-02-10T16:07:36Z
dc.date.available2020-02-10T16:07:36Z
dc.date.issued2019
dc.identifier.citationWorld economy, 2019, Vol. 42, No. 6, pp. 1713-1739en
dc.identifier.issn0378-5920
dc.identifier.issn1467-9701
dc.identifier.urihttps://hdl.handle.net/1814/66008
dc.descriptionFirst published: 07 December 2018en
dc.description.abstractThe paper investigates two policies geared towards stimulating and shaping global value chains (GVCs), namely deep regional trade agreements (DRTAs) and bilateral investment treaties (BITs). In an augmented gravity model, we test the impact of both policies on a variety of trade in value added indicators. We find that both policies are likely to increase GVC trade, although their transmission channels differ. While backward linkages are stimulated through both BITs and DRTAs, forward linkages respond only to DRTAs. The estimates suggest that negotiating a DRTA with investment provisions has a higher impact on trade in value added than signing a shallow RTA and a separate BIT.
dc.language.isoen
dc.publisherWileyen
dc.relation.ispartofWorld economyen
dc.subjectBilateral investment treatiesen
dc.subjectDeep trade agreementsen
dc.subjectEconomic integrationen
dc.subjectGlobal value chainsen
dc.subjectTrade policyen
dc.titleDo we need deeper trade agreements for GVCS or just a BIT?en
dc.typeArticle
dc.identifier.doi10.1111/twec.12766
dc.identifier.volume42
dc.identifier.startpage1713
dc.identifier.endpage1739
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dc.identifier.issue6


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