Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177775 
Year of Publication: 
2018
Series/Report no.: 
ARTNeT Working Paper Series No. 178
Publisher: 
Asia-Pacific Research and Training Network on Trade (ARTNeT), Bangkok
Abstract: 
This paper looks at the role of applied services regulations in accounting for WTO+ commitments on trade in services in preferential trade agreements (PTAs) among Asian economies. The empirical findings suggest that Asian trading dyads with regulatory frameworks that are more similar and more trade-restrictive tend to undertake higher levels of WTO+ commitments on services in their PTAs. There is also evidence in the results for such WTO+ commitments being driven by goods trade complementarities, alluding to the importance of supply chain dynamics in the region. Such results support the hypothesis that the heightened "servicification" of production generates a greater demand for lower services input costs and for certainty against possible new and disruptive services barriers.
Subjects: 
Preferential Trade Agreements
WTO+
Supply Chain
JEL: 
F15
F17
Document Type: 
Working Paper

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