Trade Creation and Trade Diversion in Deep Agreements

Trade Creation and Trade Diversion in Deep Agreements

Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. This paper uses new information on the content...

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Bibliographic Details
Main Authors: Mattoo, Aaditya, Mulabdic, Alen, Ruta, Michele
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
PREFERENTIAL TRADE AGREEMENT
DEEP INTEGRATION
REGIONALISM
TRADE CREATION
TRADE DIVERSION
DEEP AGREEMENTS
Online Access:http://documents.worldbank.org/curated/en/208101506520778449/Trade-creation-and-trade-diversion-in-deep-agreements
http://hdl.handle.net/10986/28451
id okr-10986-28451
recordtype oai_dc
spelling okr-10986-284512021-06-08T14:42:45Z Trade Creation and Trade Diversion in Deep Agreements Mattoo, Aaditya Mulabdic, Alen Ruta, Michele PREFERENTIAL TRADE AGREEMENT DEEP INTEGRATION REGIONALISM TRADE CREATION TRADE DIVERSION DEEP AGREEMENTS Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. This paper uses new information on the content of preferential trade agreements to examine the trade effects of deep agreements and revisit the classic Vinerian question of trade creation and trade diversion. The results indicate that deep agreements lead to more trade creation and less trade diversion than shallow agreements. Furthermore, some provisions of deep agreements have a public good aspect and increase trade also with non-members. 2017-10-05T16:55:33Z 2017-10-05T16:55:33Z 2017-09 Working Paper http://documents.worldbank.org/curated/en/208101506520778449/Trade-creation-and-trade-diversion-in-deep-agreements http://hdl.handle.net/10986/28451 English en_US Policy Research Working Paper;No. 8206 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic PREFERENTIAL TRADE AGREEMENT
DEEP INTEGRATION
REGIONALISM
TRADE CREATION
TRADE DIVERSION
DEEP AGREEMENTS
spellingShingle PREFERENTIAL TRADE AGREEMENT
DEEP INTEGRATION
REGIONALISM
TRADE CREATION
TRADE DIVERSION
DEEP AGREEMENTS
Mattoo, Aaditya
Mulabdic, Alen
Ruta, Michele
Trade Creation and Trade Diversion in Deep Agreements
relation Policy Research Working Paper;No. 8206
description Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. This paper uses new information on the content of preferential trade agreements to examine the trade effects of deep agreements and revisit the classic Vinerian question of trade creation and trade diversion. The results indicate that deep agreements lead to more trade creation and less trade diversion than shallow agreements. Furthermore, some provisions of deep agreements have a public good aspect and increase trade also with non-members.
format Working Paper
author Mattoo, Aaditya
Mulabdic, Alen
Ruta, Michele
author_facet Mattoo, Aaditya
Mulabdic, Alen
Ruta, Michele
author_sort Mattoo, Aaditya
title Trade Creation and Trade Diversion in Deep Agreements
title_short Trade Creation and Trade Diversion in Deep Agreements
title_full Trade Creation and Trade Diversion in Deep Agreements
title_fullStr Trade Creation and Trade Diversion in Deep Agreements
title_full_unstemmed Trade Creation and Trade Diversion in Deep Agreements
title_sort trade creation and trade diversion in deep agreements
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/208101506520778449/Trade-creation-and-trade-diversion-in-deep-agreements
http://hdl.handle.net/10986/28451
_version_ 1764466941450256384

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