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The Value of Deep Trade Agreements in the Presence of Pricing-to-Market / Meredith A. Crowley.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Crowley, Meredith A.
Contributor:
Han, Lu.
Prayer, Thomas.
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Competition Policy.
Competitiveness and Competition Policy.
Deep Trade Agreement.
Export Competitiveness.
Firm Level Data.
Gravity Model.
International Economics and Trade.
Markup Elasticity.
Mutual Recognition.
Private Sector Development.
Rules of Origin.
Trade and Services.
Trade Elasticity.
Trade Policy.
Local Subjects:
Competition Policy.
Competitiveness and Competition Policy.
Deep Trade Agreement.
Export Competitiveness.
Firm Level Data.
Gravity Model.
International Economics and Trade.
Markup Elasticity.
Mutual Recognition.
Private Sector Development.
Rules of Origin.
Trade and Services.
Trade Elasticity.
Trade Policy.
Physical Description:
1 online resource (53 pages)
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
Do preferential trade agreements (PTAs) lead to greater market integration, more intense competition and less market power for firms? This paper integrates the detailed data on 257 preferential trade agreements from the World Bank's Deep Trade Agreements (DTA) database with administrative customs datasets of product-level exports by firms from thirteen developing and emerging countries to estimate the responsiveness of firm-level exports, export prices, and destination-specific markups to trade and domestic policy commitments enshrined in deep trade agreements. The findings suggest that both the direct and indirect effects of deep trade agreement provisions on export sales are quantitatively significant. Perhaps more interestingly, the finding of a suggestive evidence of a pro-competitive effect of PTAs.

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