Innovating Works

TRASC

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Trade Agreements and Supply Chains
Recent decades have witnessed two major trends in international trade. The first is the increasing fragmentation of production processes across countries: advances in information and communication technology and falling trade barr... Recent decades have witnessed two major trends in international trade. The first is the increasing fragmentation of production processes across countries: advances in information and communication technology and falling trade barriers have allowed firms to retain in their domestic economies only a subset of production stages, leading to a surge of trade in intermediate goods. The second trend is the proliferation of regional trade agreements (RTAs), which have risen in number and have become deeper, encompassing many provisions that go beyond traditional trade policy. RTAs have contributed to the creation of regional supply chains (e.g. Factory Europe, Factory North America), shaping firms’ sourcing decisions through preferential tariffs and rules of origin. The recent backlash against RTAs, exemplified by Brexit and President Trump’s decision to renegotiate the North American Free Trade Agreement, could have dramatic consequences for supply chains in Europe and North America. I propose an ambitious research agenda that will develop new theoretical models and use exceptionally rich new data for pathbreaking analysis of the RTAs-supply chains nexus. First, I will study the impact of RTAs on firms’ sourcing decisions, productivity, and welfare, breaking from the literature on global sourcing, which neglects the role of trade agreements. Second, I will examine how large corporations with international supply chains shape the content and political support for deep RTAs, breaking from a vast literature in political economy, which studies agreements covering trade provisions only and neglects the role of firms. I will address novel and timely questions about the RTAs-supply chains nexus, emphasizing the key role played by firms and the interplay between economics, law, and politics. This is an extraordinarily high-return agenda, given the importance of understanding the consequences and determinants of trade agreements for economic policy and academic research. ver más
28/02/2026
UOXF
2M€
Duración del proyecto: 81 meses Fecha Inicio: 2019-05-24
Fecha Fin: 2026-02-28

Línea de financiación: concedida

El organismo H2020 notifico la concesión del proyecto el día 2019-05-24
Línea de financiación objetivo El proyecto se financió a través de la siguiente ayuda:
ERC-2018-ADG: ERC Advanced Grant
Cerrada hace 6 años
Presupuesto El presupuesto total del proyecto asciende a 2M€
Líder del proyecto
THE CHANCELLOR MASTERS AND SCHOLARS OF THE UN... No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico TRL 4-5