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The Economics of Deep Trade Agreements eBook

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VIDEO Jul 19, 2021

While multilateral trade negotiations have stagnated and tensions between major players have surged, bilateral and regional agreements seem to have run away with the trade agenda. There are over 300 agreements today, up from 50 in 1990. Most importantly, many of these agreements have extended their reach well beyond tariffs, aiming to achieve integration beyond trade, or ¡®deep¡¯ integration. A new from the World Bank and CEPR focuses on the determinants of deep trade agreements, how they affect trade and non-trade outcomes, and how they might shape trade relations in a post-COVID-19 world.

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  • This CEPR-World Bank eBook brings together leading experts in international trade from academia and policy institutions to provide new analysis on the determinants of deep trade agreements, how they affect trade and non-trade outcomes, and how they might shape trade relations in a post-COVID-19 world.

    Resources  

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    Table of Contents

    Foreword

    Introduction: The economics of deep trade agreements
    Ana Margarida Fernandes, Nadia Rocha, and Michele Ruta

    The economic impact of deep trade agreements

    1. The enduring role of international integration in development
    Pinelopi Goldberg and Tristan Reed

    2. Quantifying the impact of deep trade agreements: A general equilibrium approach
    Lionel Fontagne, Nadia Rocha, Michele Ruta, and Gianluca Santoni

    3. Using machine learning to assess the impact of deep trade agreements
    Holger Breinlich, Valentina Corradi, Nadia Rocha, Michele Ruta, Joao.M.C. Santos Silva, and Tom Zylkin

    Political economy and design of deep trade agreements

    4. Lobbying on Deep Trade Agreements: How Large Firms Buy Favourable Provisions
    Michael Blanga-Gubbay, Paola Conconi, In Song Kim, and Mathieu Parenti

    5. Global value chains and deep integration
    Leonardo Baccini,Matteo Fiorini, Bernard Hoekman, Carlo Altomonte, and Italo Colantone

    6. Pro-competitive provisions in deep trade agreements
    Meredith A. Crowley, Lu Han, and Thomas Prayer

    Protectionism at the border and beyond

    7. The impact of preferential trade agreements on the duration of antidumping protection
    Thomas J. Prusa, and Min Zhu

    8. Trade facilitation provisions in deep trade agreements: Impact on Peru¡¯s exporters
    Woori Lee, Nadia Rocha, and Michele Ruta

    9. Heterogeneous impacts of sanitary and phyto-sanitary and technical barriers to trade regulations: Firm-level evidence from deep trade agreements
    Ana Margarida Fernandes, Kevin Lefebvre, and Nadia Rocha

    Services trade and state intervention

    10. Scoping services trade agreements: What really matters
    Ingo Borchert and Mattia Di Ubaldo

    11. Trade barriers in government procurement
    Alen Mulabdic and Lorenzo Rotunno

    12. The spillover effect of deep trade agreements on Chinese state-owned enterprises
    Kevin Lefebvre, Nadia Rocha, and Michele Ruta

    Non-trade issues in trade agreements

    13. How preferential trade agreements with strong intellectual property provisions affect trade
    Keith E. Maskus and William Ridley

    14. Deep integration in trade agreements: Labour clauses, tariffs, and trade flows
    Raymond Robertson

    15. Trade agreements with environmental provisions mitigate deforestation
    Ryan Abman, Clark Lundberg, and Michele Ruta

    Conclusion

    16. Why deep trade agreements may shape post-COVID-19 trade
    Aaditya Mattoo, Nadia Rocha, and Michele Ruta

  • This series of webinars on The Economics of Deep Trade Agreements brought together leading trade experts to present ongoing research on the determinants and consequences of regional trade agreements. The research program builds on new  on trade agreements by the World Bank and is co-organized by the Development Research Group and the Macroeconomics, Trade and Investment Global Practice. It aims at advancing our understanding of key issues in trade agreements and regional integration.  

    ORGANIZERS: Ana Margarida Fernandes |  | 

     

    PROGRAM

    DateTitleLink

    Tuesday
    Oct. 27, 2020

    10-11:30 am EDT

    The economic impact of deep trade agreements

    Chair: Caroline Freund

     

    Income Distribution, International Integration and Sustained Poverty Reduction

    Authors: Penny Goldberg, Tristan Reed

    Reviewers: Jeffrey Bergstrand, William Maloney

     

    Machine Learning in International Trade Research ¨C Evaluating the Impact of Trade Agreements

    Authors: Holger Breinlich, Valentina Corradi, Nadia Rocha, Michele Ruta, Joao Santos Silva, Tom Zylkin

    Reviewers: Scott Baier, Yoto Yotov 

     

    A General Equilibrium Assessment of the Economic Impact of Deep Trade Agreements

    Authors: Lionel Fontagne, Nadia Rocha, Michele Ruta, Gianluca Santoni

    Reviewers: Gabriel Felbermayr, Nuno Limao 

     

    Tuesday
    Nov. 3, 2020

    10-11:30 am EST

    Political economy and design of deep trade agreements

    Chair: Deon Filmer

     

    Lobbying by Firms on Deep Trade Agreements

    Authors: Paola Conconi, Michael Blanga-Gubbay, In Song Kim, Mathieu Parenti

    Reviewers: Nuno Limao, Anna Maria Mayda 

     

    The Value of Deep Trade Agreements in the Presence of Pricing to Market

    Authors: Meredith Crowley, Lu Han, Thomas Prayer

    Reviewers: Paulo Bastos, Jeffrey Bergstrand 

     

    Designing Preferential Liberalization: The Role of Trade and Global Value Chains

    Authors: Carlo Altomonte, Leonardo Baccini, Italo Colantone, Matteo Fiorini, Bernard Hoekman

    Reviewers: Peter Egger, Daria Taglioni 

     

    Tuesday
    Nov. 10, 2020

    10-11:30 am EST

    Protectionism at the border and beyond

    Chair: Martin Rama

     

    The Impact of PTAs on the Duration of Antidumping Protection

    Authors: Thomas Prusa, Min Zhu

    Reviewers: Kamal Saggi, Yoto Yotov

     

    Impact of Trade Facilitation Provisions on GVC Firms

    Authors: Woori Lee, Nadia Rocha, Michele Ruta

    Reviewers: Russell Hillberry, Alberto Portugal

     

    The Distributional Impact of SPS and TBT Regulations: Firm-Level Evidence from Deep Trade Agreement

    Authors: Ana Fernandes, Kevin Lefebvre, Nadia Rocha

    Reviewers: Scott Baier, Roberta Piermartini

     

    Tuesday
    Nov. 17, 2020

    10-11:30 am EST

    Services trade and state intervention

    Chair: William Maloney

     

    The Scope and Effect of Services Trade Agreements

    Authors: Ingo Borchert and Mattia Di Ubaldo

    Reviewers: Peter Egger, Sebastien Miroudot

     

    Trade Barriers in Government Procurement

    Authors: Alen Mulabdic, Lorenzo Rotunno

    Reviewers: Julien Gourdon, Mario Larch 

     

    Containing Chinese State-Owned Enterprises? The Impact of Deep Trade Agreements on Firms' Exports

    Authors: Kevin Lefebvre, Nadia Rocha, Michele Ruta

    Reviewers: Ana Cusolito, Mario Larch

     

    Tuesday
    Nov. 24, 2020

    10-11:30 am EST

    Non-trade issues in trade agreements

    Chair: Aaditya Mattoo

     

    Trade Effects of Intellectual Property-Related Preferential Trade Agreements

    Authors: Keith Maskus, William Ridley

    Reviewers: Aaditya Mattoo, Kamal Saggi

     

    Labor Provisions, Trade Agreements, and Trade Flows

    Author: Raymond Robertson

    Reviewers: Alvaro Gonzalez, Anna Maria Mayda

     

    The Effectiveness of Environmental Provisions in Regional Trade Agreements

    Authors: Ryan Abman, Clark Lundberg, Michele Ruta

    Reviewers: Richard Damania, Gabriel Felbermayr

     

     

  • Data

    Research

    The Economic Impact of Deep Trade Agreements

    Goldberg, P K, and T Reed (2020), ¡°¡±, World Bank Policy Research Working Paper 9342.

    Fontagn¨¦, L, N Rocha, M Ruta, and G Santoni (2021), ¡°¡±, World Bank Policy Research Working Paper 9630.

    Breinlich, H, V Corradi, N Rocha, M Ruta, J M C Santos Silva, and T Zylkin (2021), ¡°¡±, World Bank Policy Research Working Paper 9629.

    Political Economy and the Design of Deep Trade Agreements

    Blanga-Gubbay, M, P Conconi, and M Parenti (2020), ¡°¡±, CEPR Discussion Paper 14597.

    Baccini, L, M Fiorini, B Hoekman, C Altomonte and I Colantone (2021), ¡°¡±, World Bank Policy Research Working Paper 9598.

    Crowley, M A, L Han, and T Prayer (2021), ¡°¡±, World Bank Policy Research Working Paper 9600.

    Protectionism at the Border and Beyond

    Prusa, T J and M Zhu (2021), ¡°¡±, World Bank Policy Research Working Paper 9638.

    Lee, W, N Rocha, and M Ruta (2021), ¡°¡±, World Bank Policy Research Working Paper 9674.

    Fernandes, A M, K Lefebvre, and N Rocha (2021), ¡°¡±, World Bank Policy Research Working Paper 9700.

    Services Trade and State Intervention

    Borchert, I and M Di Ubaldo (2021), ¡°¡±, World Bank Policy Research Working Paper 9608.

    Mulabdic, A, and L Rotunno (2021), ¡°¡±, World Bank Policy Research Working Paper 9602.

    Lefebvre, K, N Rocha, and M Ruta, (2021), ¡°¡±, World Bank Policy Research Working Paper 9637.

    Non-trade Issues in Trade Agreements

    Maskus, K, and W Ridley (2021), ¡°¡±, World Bank Policy Research Working Paper 9659, 

    Robertson, R (2021), ¡°¡±, World Bank Policy Research Working Paper 9599.

    Abman, R, C Lundberg, and M Ruta (2021), ¡°¡±, World Bank Policy Research Working Paper 9601.

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