International Investment Agreements and Services Markets: Locking in Market Failure?
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 36, Heft 11, S. 2456-2469
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In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 36, Heft 11, S. 2456-2469
In: Review of international political economy, Band 12, Heft 5, S. 804-828
ISSN: 1466-4526
In: OSCE yearbook, Band 7, S. 441-450
World Affairs Online
In: OSZE-Jahrbuch, Band 7, S. 477-488
Introduction -- Framework for analysis -- NAFTA: the original sin? -- Iberian ties: the EU-Mexico free trade agreement -- The odd couple: the Japan-Mexico free trade agreement -- The far side of the world: preferential trade agreements with Chile -- Japan's NAFTA route: preferential trade agreements with Malaysia and Thailand -- Conclusions and implications
World Affairs Online
In: Journal of east Asian studies, Band 14, Heft 2, S. 151-184
ISSN: 2234-6643
Are preferential trade agreements (PTAs) in the Asia-Pacific region merely a political phenomenon with no economic basis, as some critics say? I challenge this interpretation; in this article I present an explanatory model based on intra-industry trade to indicate what economic interests should drive Japanese and South Korean PTAs with ASEAN partners, and derive specific predictions. An analysis of the actual tariff barrier elimination in the agreements suggests important, but highly specific, economic benefits. First, preference margins are substantively greater for intra-industry trade, and second, intra-industry trade is much less likely to be excluded from tariff reductions when imported into Japan or South Korea. This indicates that PTAs help firms specialize their production throughout the region, and provides an economic rationale for these agreements. A qualitative case study of the Japan-Malaysia PTA and a statistical analysis of tariff liberalization in the PTAs of Japan and South Korea with the ASEAN countries support this view.
In: Journal of east Asian studies, Band 14, Heft 2, S. 151-184
ISSN: 1598-2408
World Affairs Online
In: Journal of east Asian studies, Band 13, Heft 2, S. 366-368
ISSN: 2234-6643
In: World politics: a quarterly journal of international relations, Band 64, Heft 4, S. 622-658
ISSN: 1086-3338
During the last two decades, the number of preferential trade agreements (PTAs) grew almost exponentially to over 270 by 2010. A majority of these are agreements between developed and developing countries. Existing models provide little economic rationale for these agreements, but the existing literature lumps North-South PTAs together with other types of trade pacts. This article offers an explanation focused on the movement of less capital-intensive manufacturing from North to South, which in turn stimulates the exchange of similar goods differentiated by unit value—also referred to as vertical intra-industry trade. The North exports more capitalintensive goods, while more labor-intensive goods are produced and traded by the South. This kind of specialization creates incentives for governments to support PTAs. The author tests this model using a new measure of vertical trade specialization and finds strong evidence that such specialization promotes PTA formation. North-South PTAs should therefore be seen as part of a broader shift of manufacturing from high- to middle-income countries.
In: World politics: a quarterly journal of international relations, Band 64, Heft 4, S. 622-658
ISSN: 0043-8871
World Affairs Online
In: Perspectives on politics, Band 9, Heft 3, S. 767-768
ISSN: 1541-0986
In: Perspectives on politics: a political science public sphere, Band 9, Heft 3, S. 767-768
ISSN: 1537-5927
In: APSA 2009 Toronto Meeting Paper
SSRN
Working paper
In: Journal of east Asian studies, Band 5, Heft 2, S. 357-359
ISSN: 2234-6643
In: Pacific affairs, Band 77, Heft 3, S. 544-545
ISSN: 0030-851X
Manger reviews WHITHER FREE TRADE AGREEMENTS?: Proliferation, Evaluation and Multilateralization edited by Jiro Okamoto.