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Third-Country Effects of Regional Trade Agreements: A Firm-Level Analysis

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dc.contributor.authorLee, Woori
dc.contributor.authorMulabdic, Alen
dc.contributor.authorRuta, Michele
dc.date.accessioned2019-11-21T20:34:43Z
dc.date.available2019-11-21T20:34:43Z
dc.date.issued2019-11
dc.description.abstractDo regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a positive spillover effect of regional trade agreements: they increase the probability of export and entry of third-country firms that previously exported to one of the member countries. This spillover effect is driven by deeper trade agreements, as they make member countries more "similar" in terms of the regulatory environment. Indeed, firms exporting regulation-intensive products benefit disproportionately more from deep trade agreements in destination markets, especially if the agreement includes nondiscriminatory provisions and addresses regulatory issues.en
dc.identifierhttp://documents.worldbank.org/curated/en/110561574281995016/Third-Country-Effects-of-Regional-Trade-Agreements-A-Firm-Level-Analysis
dc.identifier.doi10.1596/1813-9450-9064
dc.identifier.urihttps://hdl.handle.net/10986/32673
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9064
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectREGIONAL TRADE AGREEMENTS
dc.subjectDEEP INTEGRATION
dc.subjectREGIONAL INTEGRATION
dc.subjectFIRM-LEVEL DATA
dc.subjectEXTENDED GRAVITY
dc.subjectGRAVITY MODEL
dc.subjectTRADE DIVERSION
dc.subjectPOSITIVE SPILLOVER
dc.titleThird-Country Effects of Regional Trade Agreementsen
dc.title.subtitleA Firm-Level Analysisen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleThird-Country Effects of Regional Trade Agreements: A Firm-Level Analysis
okr.date.disclosure2019-11-20
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/110561574281995016/Third-Country-Effects-of-Regional-Trade-Agreements-A-Firm-Level-Analysis
okr.guid110561574281995016
okr.identifier.doi10.1596/1813-9450-9064
okr.identifier.externaldocumentum090224b08734ad1a_2_0
okr.identifier.internaldocumentum31571953
okr.identifier.reportWPS9064
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/110561574281995016/pdf/Third-Country-Effects-of-Regional-Trade-Agreements-A-Firm-Level-Analysis.pdfen
okr.statistics.combined6040
okr.statistics.dr110561574281995016
okr.statistics.drstats5267
okr.topicInternational Economics and Trade::International Trade and Trade Rules
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.unitMacroeconomics, Trade and Investment Global Practice
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