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The Economics of Deep Trade Agreements eBook

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VIDEO Jul 19, 2021

The Economics of Deep Trade Agreements eBook Launch Event

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 eBook 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.

eBook
Seminar Series
Data & Research

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
PDF | VoxEU column
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 data and analysis 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 | Nadia Rocha | Michele Ruta

PROGRAM

Date

Title

Link

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 – 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

Watch the Replay

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

Watch the Replay

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

Watch the replay

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

Watch the replay

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

Watch the replay

Data
Interactive Dashboard
Deep Trade Agreements Methodology and Data
Research
The Economic Impact of Deep Trade Agreements
Goldberg, P K, and T Reed (2020), “Income distribution, international integration and sustained poverty reduction”, World Bank Policy Research Working Paper 9342.
Fontagné, L, N Rocha, M Ruta, and G Santoni (2021), “A general equilibrium assessment of the economic impact of deep trade agreements”, World Bank Policy Research Working Paper 9630.
Breinlich, H, V Corradi, N Rocha, M Ruta, J M C Santos Silva, and T Zylkin (2021), “Machine learning in international trade research – Evaluating the impact of trade agreements”, 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), “Lobbying for globalization”, CEPR Discussion Paper 14597.
Baccini, L, M Fiorini, B Hoekman, C Altomonte and I Colantone (2021), “Global value chains and deep integration”, World Bank Policy Research Working Paper 9598.
Crowley, M A, L Han, and T Prayer (2021), “The value of deep trade agreements in the presence of pricing-to-market”, World Bank Policy Research Working Paper 9600.
Protectionism at the Border and Beyond
Prusa, T J and M Zhu (2021), “The impact of PTAs on the duration of antidumping protection”, World Bank Policy Research Working Paper 9638.
Lee, W, N Rocha, and M Ruta (2021), “Trade facilitation provisions in deep trade agreements: Impact on Peru’s GVC firms”, World Bank Policy Research Working Paper 9674.
Fernandes, A M, K Lefebvre, and N Rocha (2021), “Heterogeneous impacts of SPS and TBT regulations: firm-level evidence from deep trade agreements”, World Bank Policy Research Working Paper 9700.
Services Trade and State Intervention
Borchert, I and M Di Ubaldo (2021), “Deep Services Trade Agreements and their Effect on Trade and Value Added”, World Bank Policy Research Working Paper 9608.
Mulabdic, A, and L Rotunno (2021), “Trade barriers in government procurement”, World Bank Policy Research Working Paper 9602.
Lefebvre, K, N Rocha, and M Ruta, (2021), “Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements”, World Bank Policy Research Working Paper 9637.
Non-trade Issues in Trade Agreements
Maskus, K, and W Ridley (2021), “Trade Impacts of Intellectual-Property-Related PTAs: Evidence from Using the World Bank Deep Trade Agreements Database”, World Bank Policy Research Working Paper 9659,
Robertson, R (2021), “Deep Integration in Trade Agreements: Labor Clauses, Tariffs, and Trade Flows”, World Bank Policy Research Working Paper 9599.
Abman, R, C Lundberg, and M Ruta (2021), “The effectiveness of environmental provisions in regional trade agreements”, World Bank Policy Research Working Paper 9601.