Files and links (2)
Deep trade agreements, production position distance and bilateral global value chain participation552.47 kB
Published VersionCC BY-NC-ND V4.0, Open Access
Journal article
Deep trade agreements, production position distance and bilateral global value chain participation
The World Economy, Vol.46(12), pp.3596-3615
2023
Appears in UniSC Supported Open Access Outputs
Abstract
Owing to globalisation-induced fragmentation of production across regions and reorganisation of global value chains (GVCs), more attention is being paid to the impact of deep preferential trade agreements (PTAs) on GVC participation. We examine how the promotional effect of deep trade agreements on GVC participation changes with GVC production position distance between member countries. We argue that production position distance has an inverted U-shaped effect on the relationship between deep trade agreements and bilateral GVC participation. Specifically, starting with a short production position distance, an increase in production position distance can strengthen the promotional effect of deep trade agreements on bilateral GVC participation. However, when the production position distance reaches a certain threshold, an increase in production position distance weakens the promotional effect of deep trade agreements on bilateral GVC participation. Analysis of panel data, which covers 43 countries over the 2000–2014 period, supports our predictions. Further analysis shows that the inverted U-shaped effect of production position distance on the relationship between deep trade agreements and bilateral GVC participation is more likely to take place in the manufacturing sector rather than in the services sector.
Details
- Title
- Deep trade agreements, production position distance and bilateral global value chain participation
- Authors
- Zhaobin Fan (Author) - Jinan UniversitySajid Anwar (Corresponding Author) - University of the Sunshine Coast, Queensland, School of Business and Creative IndustriesYing Zhou (Author) - Jinan University
- Publication details
- The World Economy, Vol.46(12), pp.3596-3615
- Publisher
- Wiley-Blackwell Publishing Ltd.
- Date published
- 2023
- DOI
- 10.1111/twec.13514
- ISSN
- 1467-9701; 0378-5920
- Copyright note
- This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.
- Data Availability
- The data used in this study are derived from the World Bank. https://thedocs.world bank.org/en/doc/456f1f3897b6938828e12c67f173120d-0430012021/input-output tables-rar.
- Grant note
- 19BJY192 / National Social Sciences Fund of China
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland
- Language
- English
- Record Identifier
- 99971190402621
- Output Type
- Journal article
Metrics
55 Record Views
InCites Highlights
These are selected metrics from InCites Benchmarking & Analytics tool, related to this output
- Collaboration types
- Domestic collaboration
- International collaboration
- Web Of Science research areas
- Business, Finance
- Economics
- International Relations
UN Sustainable Development Goals (SDGs)
This output has contributed to the advancement of the following goals:
Source: InCites