How do digital trade rules affect global value chain trade in services?—Analysis of preferential trade agreements
Bibliographic Data
| ID | 21543486 |
|---|---|
| Authors | Jie Wu (0000-0002-1389-6964, Department of International Economics and Trade School of Economics Zhejiang University of Technology Hangzhou China, corresponding author), Zechu Luo (Department of International Economics and Trade School of Economics Zhejiang University of Technology Hangzhou China), Jacob Wood (0000-0002-3096-5159, Business School James Cook University Singapore Singapore Singapore) |
| Year | 2023 |
| Volume | 46 |
| Issue | 10 |
| Pages | 3026-3047 |
| Publication date | 2023-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Economy (JOURNAL) |
| Journal identifiers | ISSN: 0378-5920 • E-ISSN: 1467-9701 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/twec.13412 |
| OpenAlex | W4362588178 |
| Language | EN |
| Citations received | 6 |
| References cited | 45 |
As international trade practices continue to develop, more than half of all international service trade has been digitised, with digital trade rules becoming a key factor affecting the development of global value chain (GVC) service trade. This study constructs the depth and scope indicators of digital trade rules included within preferential trade agreements (PTAs). We then investigate the role that digital trade rules play in promoting service trade along GVC using a gravity model framework. From our analysis, we find that both the depth and the scope indicators of digital trade rules have a significant promotional effect on GVC service exports, with the impact on GVC forward service exports being greater than the impact that was felt on GVC backward service exports. We also find that the GVC trade promotion effect is affected by income level, types of PTAs and the differences in regulatory quality that exist between countries. Finally, by developing a dynamic model that includes a set of leads and lags for digital trade rules' variables, we find that the impact of digital trade rules on GVC trade in services has both an anticipation and phasing‐in effect
Bilateral trade · Business · Commercial policy · Comparative advantage · Economics · Geography · Global value chain · Gravity model of trade · International economics · International trade · Trade barrier · Trade in services · Computer Science · Global trade and economics · Global trade, sustainability, and social impact · World Trade Organization Law · Marketing
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FDI in Services
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Do Digital Trade Rules Within the RTAs Promote Trade and Welfare Growth
PTA environmental provisions and the export of energy-consuming products
Leveraging digital service trade for a low-carbon future
Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator
Terms of trade and global efficiency effects of free trade agreements, 1990–2002
The design of international trade agreements
The Long and Short of the Canada-U.S. Free Trade Agreement
Tracing Value-Added and Double Counting in Gross Exports
Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
Digital Trade Rules in Preferential Trade Agreements
Bilateral servicification in global value chains and deep trade agreements
Evaluating the cumulative impact of the US–China trade war along global value chains
The Log of Gravity
The Heterogeneous Impact of Market Size on Innovation
Gravity Estimations with Interval Data
Do free trade agreements actually increase members' international trade
| Unique citing works | 6 |
|---|---|
| Citations per year | 3 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 6 |