This paper surveys the recent body of work in economics on the importance of global value
chains (GVCs) in shaping international trade flows and production patterns. On the empirical …

A substantial body of research has taken shape on trade in services since the mid-1980s.
Much of this is inspired by the WTO and regional trade agreements. However, an increasing …

The last two decades have witnessed a shift in the focus of international trade research from
trade policy to other forms of trade frictions (eg, transportation, information and …

A large and growing number of countries participate in multiple preferential trade
agreements (PTAs), which increasingly entail broad cooperation over policies extending far …

How do global supply chain linkages modify countries' incentives to impose import
protection? Are these linkages empirically important determinants of trade policy? To …

While increasing trade and foreign direct investment, international trade agreements create
winners and losers. Our paper examines the distributional consequences of preferential …

The WTO has delivered policy outcomes that are very different from those likely to emerge
out of the recent wave of preferential trade agreements (PTAs). Should economists see this …

This paper focuses on an apparent conflict between the theory of foreign direct investment
(FDI) and recent trends in the globalized world. The bulk of FDI is horizontal rather than …

We analyse whether global value chains (GVCs) reduce trade barriers in the agricultural
and food sectors as they affect lobbying and government incentives. Political economy …

We combine firm-level panel data on US foreign affiliate activity with detailed measures of
US trade policy to study the relationship between offshoring and preferential market access …