This paper focuses on the effect of preferential trade agreements and their depth on firm-to-firm ownership, in particular, along global value chains. It measures shareholder–affiliate ownership links at the country-sector-pair level to distinguish between vertical and horizontal links. The findings show that preferential trade agreements boost vertical international investment links (both backward and forward) while reducing horizontal investment...
انظر المزيد
تفاصيل
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2024/2/26
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مقال بمجلة علمية
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194376
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1
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2024/10/29
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Disclosed
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Deep Trade Agreements and Firm Ownership in GVCs