Value chain integration and the political economy of trade liberalization
Increased economic interdependence and integration in a globalized era have seen a fundamental change in the nature of production. Countries are increasingly specializing in and adding value to different stages of production for different goods and services. Such a process of value chain in...
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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2015
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| Online Access: | http://hdl.handle.net/10356/65020 |
| _version_ | 1811694944118636544 |
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| author | Tan, Terence Qi Yan |
| author2 | Deborah Kay Elms |
| author_facet | Deborah Kay Elms Tan, Terence Qi Yan |
| author_sort | Tan, Terence Qi Yan |
| collection | NTU |
| description | Increased economic interdependence and integration in a globalized era have seen a
fundamental change in the nature of production. Countries are increasingly
specializing in and adding value to different stages of production for different goods
and services. Such a process of value chain integration have created a complex web of
Global Values Chains (GVCs) that span the world. At the same time, there has been a
global movement towards trade liberalization. Why have countries liberalized trade as
they become more integrated in GVCs? I argue that value chain integration alters firm
preferences towards being less protectionist, who then lobby and influence politicians
to make trade policy more open. In short, value chain integration causes trade
liberalization. Using a quantitative study, I show strong but partial evidence for my
central claim. With increasing value chain integration, liberalization occurs in 2 out of
3 trade policy instruments. |
| first_indexed | 2024-10-01T07:15:37Z |
| format | Thesis |
| id | ntu-10356/65020 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T07:15:37Z |
| publishDate | 2015 |
| record_format | dspace |
| spelling | ntu-10356/650202020-11-01T08:31:03Z Value chain integration and the political economy of trade liberalization Tan, Terence Qi Yan Deborah Kay Elms S. Rajaratnam School of International Studies DRNTU::Business::International business::International trade Increased economic interdependence and integration in a globalized era have seen a fundamental change in the nature of production. Countries are increasingly specializing in and adding value to different stages of production for different goods and services. Such a process of value chain integration have created a complex web of Global Values Chains (GVCs) that span the world. At the same time, there has been a global movement towards trade liberalization. Why have countries liberalized trade as they become more integrated in GVCs? I argue that value chain integration alters firm preferences towards being less protectionist, who then lobby and influence politicians to make trade policy more open. In short, value chain integration causes trade liberalization. Using a quantitative study, I show strong but partial evidence for my central claim. With increasing value chain integration, liberalization occurs in 2 out of 3 trade policy instruments. Master of Science (International Political Economy) 2015-06-10T06:46:11Z 2015-06-10T06:46:11Z 2014 2014 Thesis http://hdl.handle.net/10356/65020 en 62 p. application/pdf |
| spellingShingle | DRNTU::Business::International business::International trade Tan, Terence Qi Yan Value chain integration and the political economy of trade liberalization |
| title | Value chain integration and the political economy of trade liberalization |
| title_full | Value chain integration and the political economy of trade liberalization |
| title_fullStr | Value chain integration and the political economy of trade liberalization |
| title_full_unstemmed | Value chain integration and the political economy of trade liberalization |
| title_short | Value chain integration and the political economy of trade liberalization |
| title_sort | value chain integration and the political economy of trade liberalization |
| topic | DRNTU::Business::International business::International trade |
| url | http://hdl.handle.net/10356/65020 |
| work_keys_str_mv | AT tanterenceqiyan valuechainintegrationandthepoliticaleconomyoftradeliberalization |