Altomonte, Carlo; Baccini, Leonardo; Colantone, Italo; … - 2021
How does trade affect the design of preferential trade agreements (PTAs)? What is the role of global value chains (GVCs … the coverage of the WTO. These GVC-trade effects are larger than those of gross exports, which include flows that are … depth of PTAs. To solve the critical issue of endogeneity of trade flows for trade policy, the identification strategy …