The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis

This paper assesses the trade impact of regional trade agreements signed by Georgia. Using information from the World Bank’s Deep Trade Agreements database and the Exporters’ Dynamics Database for Georgia for 2000–20, the paper tests the effect of...

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Main Authors: Neri-Laine, Matteo, Orefice, Gianluca, Ruta, Michele
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/803451631042393978/The-Impact-of-Regional-Trade-Agreements-on-Georgias-Exporters-A-Firm-Level-Analysis
http://hdl.handle.net/10986/36241
id okr-10986-36241
recordtype oai_dc
spelling okr-10986-362412021-09-10T05:10:41Z The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis Neri-Laine, Matteo Orefice, Gianluca Ruta, Michele REGIONAL TRADE AGREEMENT EXPORT COMPETITIVENESS TRADE AND INVESTMENT TRADE BARRIERS GLOBAL VALUE CHAIN DEEP TRADE AGREEMENT FIRM HETEROGENEITY This paper assesses the trade impact of regional trade agreements signed by Georgia. Using information from the World Bank’s Deep Trade Agreements database and the Exporters’ Dynamics Database for Georgia for 2000–20, the paper tests the effect of regional trade agreements on the performance of Georgian exporters. The results show that the depth of regional trade agreements has a positive effect on the exports of firms, and the more so if trade agreements include legally enforceable provisions. Interestingly, the effect of regional trade agreements is not homogeneous across exporters with different characteristics. While large exporters and firms participating in global value chains benefit from deep trade agreements, small firms are negatively affected. Deep trade agreements have a positive effect on the probability of entry into the export market for large firms and firms in global value chains. 2021-09-09T14:02:39Z 2021-09-09T14:02:39Z 2021-09 Working Paper http://documents.worldbank.org/curated/undefined/803451631042393978/The-Impact-of-Regional-Trade-Agreements-on-Georgias-Exporters-A-Firm-Level-Analysis http://hdl.handle.net/10986/36241 English Policy Research Working Paper;No. 9768 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 Europe and Central Asia Georgia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic REGIONAL TRADE AGREEMENT
EXPORT COMPETITIVENESS
TRADE AND INVESTMENT
TRADE BARRIERS
GLOBAL VALUE CHAIN
DEEP TRADE AGREEMENT
FIRM HETEROGENEITY
spellingShingle REGIONAL TRADE AGREEMENT
EXPORT COMPETITIVENESS
TRADE AND INVESTMENT
TRADE BARRIERS
GLOBAL VALUE CHAIN
DEEP TRADE AGREEMENT
FIRM HETEROGENEITY
Neri-Laine, Matteo
Orefice, Gianluca
Ruta, Michele
The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
geographic_facet Europe and Central Asia
Georgia
relation Policy Research Working Paper;No. 9768
description This paper assesses the trade impact of regional trade agreements signed by Georgia. Using information from the World Bank’s Deep Trade Agreements database and the Exporters’ Dynamics Database for Georgia for 2000–20, the paper tests the effect of regional trade agreements on the performance of Georgian exporters. The results show that the depth of regional trade agreements has a positive effect on the exports of firms, and the more so if trade agreements include legally enforceable provisions. Interestingly, the effect of regional trade agreements is not homogeneous across exporters with different characteristics. While large exporters and firms participating in global value chains benefit from deep trade agreements, small firms are negatively affected. Deep trade agreements have a positive effect on the probability of entry into the export market for large firms and firms in global value chains.
format Working Paper
author Neri-Laine, Matteo
Orefice, Gianluca
Ruta, Michele
author_facet Neri-Laine, Matteo
Orefice, Gianluca
Ruta, Michele
author_sort Neri-Laine, Matteo
title The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
title_short The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
title_full The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
title_fullStr The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
title_full_unstemmed The Impact of Regional Trade Agreements on Georgia's Exporters : A Firm-Level Analysis
title_sort impact of regional trade agreements on georgia's exporters : a firm-level analysis
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/803451631042393978/The-Impact-of-Regional-Trade-Agreements-on-Georgias-Exporters-A-Firm-Level-Analysis
http://hdl.handle.net/10986/36241
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