Deep Services Trade Agreements and their Effect on Trade and Value Added

doi:10.1596/1813-9450-9608

Publication:
Deep Services Trade Agreements and their Effect on Trade and Value Added

dc.contributor.author	Borchert, Ingo
dc.contributor.author	Di Ubaldo, Mattia
dc.date.accessioned	2021-04-08T15:56:32Z
dc.date.available	2021-04-08T15:56:32Z
dc.date.issued	2021-04
dc.description.abstract	The majority of services trade is currently transacted under the terms of preferential trade agreements (PTAs) with increasingly ambitious provisions on crossborder trade and investment in services. This paper exploits novel and detailed information on the architecture and depth of services PTAs (the World Bank Deep Trade Agreements 2.0 database) to study which provisions, or policy configurations, characterise an effective agreement. The richness of policy information is crucial for being able to identify those aspects that matter most, namely an agreement's structure, its rules of origin for firms and natural persons, and provisions that ensure accountability. Ambitious provisions in these areas are associated with 15-65 percent higher bilateral trade, driven by regulation-intensive services. Services PTAs also lead to an increase in services value added sourced from PTA partners, through provisions that facilitate the exchange of capital and people. This finding sheds light on how services PTAs can affect the configuration of value chain trade.	en
dc.identifier	http://documents.worldbank.org/curated/en/160671617299704629/Deep-Services-Trade-Agreements-and-their-Effect-on-Trade-and-Value-Added
dc.identifier.doi	10.1596/1813-9450-9608
dc.identifier.uri	https://hdl.handle.net/10986/35403
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper;No. 9608
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	SERVICES TRADE
dc.subject	PREFERENTIAL TRADE AGREEMENTS
dc.subject	DEEP TRADE AGREEMENT
dc.subject	VALUE ADDED
dc.subject	REGIONAL INTEGRATION
dc.subject	SERVICES INVESTMENT
dc.title	Deep Services Trade Agreements and their Effect on Trade and Value Added	en
dc.type	Working Paper	en
dc.type	Document de travail	fr
dc.type	Documento de trabajo	es
dspace.entity.type	Publication
okr.crossref.title	Deep Services Trade Agreements and Their Effect on Trade and Value Added
okr.date.disclosure	2021-04-01
okr.date.doiregistration	2025-04-10T11:30:15.898718Z
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Policy Research Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/160671617299704629/Deep-Services-Trade-Agreements-and-their-Effect-on-Trade-and-Value-Added
okr.guid	160671617299704629
okr.identifier.doi	10.1596/1813-9450-9608
okr.identifier.externaldocumentum	090224b0884913a6_2_0
okr.identifier.internaldocumentum	32967069
okr.identifier.report	WPS9608
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/160671617299704629/pdf/Deep-Services-Trade-Agreements-and-their-Effect-on-Trade-and-Value-Added.pdf	en
okr.statistics.combined	2776
okr.statistics.dr	160671617299704629
okr.statistics.drstats	1384
okr.topic	International Economics and Trade::International Trade and Trade Rules
okr.topic	International Economics and Trade::Trade Finance and Investment
okr.topic	International Economics and Trade::Trade Liberalization
okr.topic	International Economics and Trade::Trade Policy
okr.topic	International Economics and Trade::Trade and Regional Integration
okr.topic	International Economics and Trade::Trade and Services
okr.unit	Development Research Group, Development Economics; and the Macroeconomics, Trade and Investment Global Practice
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery	26e071dc-b0bf-409c-b982-df2970295c87