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Trade creation and trade diversion in deep agreements (English)

Preferential trade agreements have boomed in recent years and extended their reach well beyond tariff reduction, to cover policy areas such as investment, competition, and intellectual property rights. ... See More +

Policy Research Working Paper WPS8206 SEP 27, 2017

Mattoo,Aaditya; Mulabdic,Alen; Ruta,Michele Disclosed

Preferential trade agreements and global value chains : theory, evidence, and open questions (English)

Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? ... See More +

Policy Research Working Paper WPS8190 SEP 11, 2017

Ruta,Michele Disclosed

Horizontal depth : a new database on the content of preferential trade agreements (English)

Preferential trade agreements are an important feature of the global trade system. Several questions, ranging from the rationale for preferential arrangements to their impact on members, non-members and the broader multilateral trade system, are at the forefront of academic and policy debates in trade policy. ... See More +

Policy Research Working Paper WPS7981 FEB 22, 2017

Hofmann,Claudia; Osnago,Alberto; Ruta,Michele Disclosed

Trade developments in 2016 : policy uncertainty weighs on world trade (English)

2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial crisis. ... See More +

Working Paper 112930 FEB 21, 2017

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Trade developments in 2016 : policy uncertainty weighs on world trade (English)

2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial crisis. ... See More +

Working Paper 112930 FEB 21, 2017

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Does vertical specialization increase productivity ? (English)

This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. ... See More +

Policy Research Working Paper WPS7978 FEB 20, 2017

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Trade developments in 2016 : policy uncertainty weighs on world trade (Vol. 2) : data and charts (English)

2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial crisis. ... See More +

Working Paper 112930 FEB 17, 2017

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Deep integration and UK-EU trade relations (English)

This paper studies the impact of deep agreements on United Kingdom-European Union trade relations. A standard gravity model is applied to assess the effect that European Union membership had on the United Kingdom's trade. ... See More +

Policy Research Working Paper WPS7947 JAN 19, 2017

Mulabdic,Alen; Osnago,Alberto; Ruta,Michele Disclosed

Does the global trade slowdown matter ? (English)

Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also because trade itself has become less responsive to gross domestic product. ... See More +

Policy Research Working Paper WPS7673 MAY 13, 2016

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Non-tariff measures and the world trading system (English)

With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in reducing conventional tariff barriers, much of the recent focus of regional and multilateral trade agreements has switched to non-tariff measures, both border and behind-the-border policies. ... See More +

Policy Research Working Paper WPS7661 MAY 04, 2016

Ederington,Josh; Ruta,Michele Disclosed

Global trade watch : trade developments in 2015 (English)

After sharply declining in the first half of 2015, world trade began to grow, albeit at a slow pace. Preliminary data indicate that merchandise import growth was 1.7 percent in 2015, down from 3 percent in 2014. ... See More +

Working Paper 103903 MAR 09, 2016

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Deep trade agreements and vertical FDI : the devil is in the details (English)

Recent data show that the institutional content of preferential trade agreements has evolved over time. Although pre-1990s preferential trade agreements mostly focused on tariff liberalization, recent agreements increasingly contain deep provisions in diverse areas, such as intellectual property rights, investment, and standards. ... See More +

Policy Research Working Paper WPS7464 OCT 29, 2015

Osnago,Alberto; Rocha,Nadia; Ruta,Michele Disclosed

Depreciations without exports ? global value chains and the exchange rate elasticity of exports (English)

This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. ... See More +

Policy Research Working Paper WPS7390 AUG 11, 2015

Ahmed,Swarnali; Appendino,Maximiliano Andres; Ruta,Michele Disclosed

The global trade slowdown: cyclical or structural ? (English)

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. ... See More +

Policy Research Working Paper WPS7158 JAN 01, 2015

Constantinescu,Ileana Cristina; Mattoo,Aaditya; Ruta,Michele Disclosed

Title Document Date Report No. Document Type Also available in
Trade creation and trade diversion in deep agreements (English)
See More +
SEP 27, 2017 WPS8206 Policy Research Working Paper
Preferential trade agreements and global value chains : theory, evidence, and open questions (English)
See More +
SEP 11, 2017 WPS8190 Policy Research Working Paper
Horizontal depth : a new database on the content of preferential trade agreements (English)
See More +
FEB 22, 2017 WPS7981 Policy Research Working Paper
Trade developments in 2016 : policy uncertainty weighs on world trade (English)
See More +
FEB 21, 2017 112930 Working Paper
Trade developments in 2016 : policy uncertainty weighs on world trade (English)
See More +
FEB 21, 2017 112930 Working Paper
Does vertical specialization increase productivity ? (English)
See More +
FEB 20, 2017 WPS7978 Policy Research Working Paper
Trade developments in 2016 : policy uncertainty weighs on world trade (Vol. 2) : data and charts (English)
See More +
FEB 17, 2017 112930 Working Paper
Deep integration and UK-EU trade relations (English)
See More +
JAN 19, 2017 WPS7947 Policy Research Working Paper
Does the global trade slowdown matter ? (English)
See More +
MAY 13, 2016 WPS7673 Policy Research Working Paper
Non-tariff measures and the world trading system (English)
See More +
MAY 04, 2016 WPS7661 Policy Research Working Paper
Global trade watch : trade developments in 2015 (English)
See More +
MAR 09, 2016 103903 Working Paper
Deep trade agreements and vertical FDI : the devil is in the details (English)
See More +
OCT 29, 2015 WPS7464 Policy Research Working Paper
Depreciations without exports ? global value chains and the exchange rate elasticity of exports (English)
See More +
AUG 11, 2015 WPS7390 Policy Research Working Paper
The global trade slowdown: cyclical or structural ? (English)
See More +
JAN 01, 2015 WPS7158 Policy Research Working Paper