Trade agreements and participation in global value chains: Empirical evidence from Latin America

World Economy ◽  
2021 ◽  
Author(s):  
Eduardo Rodrigues Sanguinet ◽  
Augusto Mussi Alvim ◽  
Miguel Atienza
FEDS Notes ◽  
2021 ◽  
Author(s):  
François de Soyres ◽  
◽  
Julien Maire ◽  
Guillaume Sublet ◽  
◽  
...  

This FEDS Note looks at the effect of Regional Trade Agreements on trade between the agreement zone and the rest of the world. Global Value Chains are associated with an increase in outflow. Hence, RTAs can be a stumbling block for multilateralism.


2020 ◽  
Vol 12 (4) ◽  
pp. 1353 ◽  
Author(s):  
Fei Peng ◽  
Lili Kang ◽  
Taoxiong Liu ◽  
Jia Cheng ◽  
Luxiao Ren

This paper investigates the relationship between China’s trade agreements (TAs) and partner countries’ upgrade in global value chains (GVCs). We focus on the experience of China and relate China’s TAs with one belt and one road (OBOR) initiative. A structural equation model (SEM) is applied on a dataset including 216 countries and regions to identify the direct and indirect effects of China’s TAs and OBOR initiative on its export, outwards foreign direct investment (OFDI) and partner economy’ GVCs upgrade over the period 2010–2015. We find that China’s TA partner countries are more likely to be included in the OBOR initiative than those non-TA partner countries. The positive effects of China’s TAs and OBOR initiative on China’s export, outwards foreign direct investment (OFDI) and partner countries’ upgrade in GVCs differ across country groups at the different locations of GVCs. Both vertical and horizontal spillover effects exist in China’s TAs. Therefore, the partner countries at low end and middle of GVCs might benefit more from TAs with China than those richer countries at the high end of GVCs.


2021 ◽  
Vol 180 ◽  
pp. 106881
Author(s):  
Luisa Rivera-Basques ◽  
Rosa Duarte ◽  
Julio Sánchez-Chóliz

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