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Why your neighbor matters: Positions in preferential trade agreement networks and export growth in global value chains
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Park, Jong Hee | - |
dc.contributor.author | Kim, Byung Koo | - |
dc.date.accessioned | 2023-07-04T05:41:12Z | - |
dc.date.available | 2023-07-04T05:41:12Z | - |
dc.date.created | 2020-06-26 | - |
dc.date.issued | 2020-11 | - |
dc.identifier.citation | Economics and Politics, Vol.32 No.3, pp.381-410 | - |
dc.identifier.issn | 0954-1985 | - |
dc.identifier.uri | https://hdl.handle.net/10371/194688 | - |
dc.description.abstract | In rapidly expanding global and regional preferential trade agreements (PTA) networks, policy-makers are keen to situate their countries in a better position, believing that a better position in PTA networks will help their economies trade more and grow faster. In this paper, we provide a theory that explains how changes in countries' PTA network positions affect their trade performance. We argue that a dense and deep "neighbor network" provides a country with a wide access to global value chains, better protection to investment, and strong credibility to their policy commitments. To measure trade performance, we compute value-added exports at the country, year, and industry level across 43 countries, 56 industries, and 15 years (2000-14). The estimation of network position effects is done by panel fixed-effects methods and the sample-splitting and cross-fitting double machine-learning method. The findings show that as a country's neighbors have deeper and wider PTA networks, the country's value-added exports grow faster. Also, the industry-level analysis shows that sectors heavily engaging in the fragmentation of production stages exhibit faster growth with the improvement of neighbor networks. | - |
dc.language | 영어 | - |
dc.publisher | Blackwell Publishing Inc. | - |
dc.title | Why your neighbor matters: Positions in preferential trade agreement networks and export growth in global value chains | - |
dc.type | Article | - |
dc.identifier.doi | 10.1111/ecpo.12152 | - |
dc.citation.journaltitle | Economics and Politics | - |
dc.identifier.wosid | 000512802300001 | - |
dc.identifier.scopusid | 2-s2.0-85079443078 | - |
dc.citation.endpage | 410 | - |
dc.citation.number | 3 | - |
dc.citation.startpage | 381 | - |
dc.citation.volume | 32 | - |
dc.description.isOpenAccess | N | - |
dc.contributor.affiliatedAuthor | Park, Jong Hee | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.subject.keywordPlus | CENTRALITY | - |
dc.subject.keywordPlus | SELECTION | - |
dc.subject.keywordPlus | FIRM | - |
dc.subject.keywordAuthor | double machine-learning method | - |
dc.subject.keywordAuthor | global value chain | - |
dc.subject.keywordAuthor | hub | - |
dc.subject.keywordAuthor | neighbor network | - |
dc.subject.keywordAuthor | positional advantages | - |
dc.subject.keywordAuthor | preferential trade agreement | - |
dc.subject.keywordAuthor | value-added exports | - |
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