Publication Type
Journal Article
Version
submittedVersion
Publication Date
12-2022
Abstract
The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is an example of a ‘mega-regional’ free trade agreement, whose provisions on the rules of origin and trade facilitation can potentially have large impacts on CPTPP-wide supply chains. In this paper, we analyse how intensively the CPTPP members participate in the global value chain (GVC), whether they have stronger linkages with members than with non-members, the position of the members in the global and regional network, and whether the CPTPP members are key upstream and downstream trade partners to each other. We develop formulas of GVC position, and importance of bilateral upstream and downstream partners, based on the gross-export decomposition framework of Koopman et al. (2014, American Economic Review, 104, 459) and Borin and Mancini (2017).
Keywords
CPTPP, mega-regional free trade agreement, rules of origin, trade facilitation, supply chains, global value chain, linkages, network, upstream and downstream trade partners, gross-export decomposition framework
Discipline
Regional Economics
Research Areas
International Economics
Publication
World Economy
Volume
45
Issue
12
First Page
3780
Last Page
3832
ISSN
0378-5920
Identifier
10.1111/twec.13300
Publisher
Wiley: 24 months
Citation
CHANG, Pao-Li and NGUYEN, Tran Bao Phuong.
Global value chains and the CPTPP. (2022). World Economy. 45, (12), 3780-3832.
Available at: https://ink.library.smu.edu.sg/soe_research/2663
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1111/twec.13300