International sourcing, complementary inputs, and the structure of trade agreements: Deep, shallow, narrow, and wide.
We analyze Preferential Trade Agreement (PTA) formation among a subset of members of a multilateral agreement when imported inputs are complementary to one another. A shallow (focused only on border policies) multilateral agreement does not place countries on the efficiency frontier. Furthermore, no...
| Publicado en: | Economic Inquiry Vol. 60; no. 4; pp. 1782 - 1806 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Oct2022
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=158916316&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 158916316 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Oct2022 vid: 60 iid: 4 pid: 480 pub: Wiley-Blackwell artinfo: ui: 158916316 10.1111/ecin.13099 ppf: 1782 ppct: 24 formats: fmt: – @attributes: type: T – @attributes: type: P size: 696KB tig: atl: International sourcing, complementary inputs, and the structure of trade agreements: Deep, shallow, narrow, and wide. aug: au: Chisik, Richard Rohany Tabatabai, Sara affil: Department of Economics, Ryerson University, Toronto Ontario, , Canada su: Commercial treaties Geographic boundaries sug: subj: Commercial treaties Geographic boundaries keyword: behind‐the‐border policies intermediate inputs multilateral free trade preferential trade agreements behind‐the‐border policies intermediate inputs multilateral free trade preferential trade agreements ab: We analyze Preferential Trade Agreement (PTA) formation among a subset of members of a multilateral agreement when imported inputs are complementary to one another. A shallow (focused only on border policies) multilateral agreement does not place countries on the efficiency frontier. Furthermore, no subset of countries will form a shallow PTA. Alternatively, a deep PTA that addresses behind‐the‐border policies increases each country's welfare. This result suggests that the recent proliferation of PTA formation is driven by a need for deep integration. Although these deep PTAs increase welfare over a shallow multilateral agreement the efficiency frontier can only be reached by a deep multilateral agreement that covers both border and behind‐the‐border policies. Whether a deep PTA can generate consensus approval for further multilateral‐deep integration depends on the structure of the PTA and the success of the multilateral‐shallow agreement in lowering tariffs. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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