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2018-11-27Zeitschriftenartikel DOI: 10.3389/fphy.2018.00134
Bilateral Trade Agreements and the Interconnectedness of Global Trade
dc.contributor.authorMaluck, Julian
dc.contributor.authorGlanemann, Nicole
dc.contributor.authorDonner, Reik
dc.date.accessioned2019-12-10T12:46:15Z
dc.date.available2019-12-10T12:46:15Z
dc.date.issued2018-11-27none
dc.date.updated2019-10-07T10:38:55Z
dc.identifier.urihttp://edoc.hu-berlin.de/18452/21622
dc.description.abstractOver the last decades, bilateral trade agreements (BTAs) have increased considerably in number and economic relevance. Notably, such agreements substantially affect global trade, since the reorganization of flows of goods and services has prominent impacts on the contracting countries' economies, but also on other parties that are (directly or indirectly) engaged in trade with these countries. Here, we empirically study the effect of BTAs on the input-output linkages between the contractual parties' national economic sectors by defining a new measure of Trade Interconnectedness (TI), which describes the relative importance of direct and indirect production linkages between the two countries in the international trade network. By analyzing its time evolution for each pair of trade agreement partners, we demonstrate that while most BTAs are succeeded by an increase in TI between the contractors, there are some notable exceptions. In particular, comparing the trade profiles of China and the United States (US), we find indications that both countries have been pursuing fundamentally different objectives and strategies related to the negotiation of BTAs.eng
dc.language.isoengnone
dc.publisherHumboldt-Universität zu Berlin
dc.rights(CC BY 4.0) Attribution 4.0 Internationalger
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjecttrade agreementseng
dc.subjectinternational tradeeng
dc.subjectcomplex networkseng
dc.subjectnetwork of networkseng
dc.subjectrandom walkeng
dc.subject.ddc530 Physiknone
dc.titleBilateral Trade Agreements and the Interconnectedness of Global Tradenone
dc.typearticle
dc.identifier.urnurn:nbn:de:kobv:11-110-18452/21622-2
dc.identifier.doi10.3389/fphy.2018.00134none
dc.identifier.doihttp://dx.doi.org/10.18452/20907
dc.type.versionpublishedVersionnone
local.edoc.container-titleFrontiers in Physicsnone
local.edoc.pages13none
local.edoc.type-nameZeitschriftenartikel
local.edoc.institutionMathematisch-Naturwissenschaftliche Fakultätnone
local.edoc.container-typeperiodical
local.edoc.container-type-nameZeitschrift
local.edoc.container-publisher-nameFrontiers Media S.A.none
local.edoc.container-publisher-placeLausannenone
local.edoc.container-volume6none
dc.description.versionPeer Reviewednone
local.edoc.container-articlenumber134none
dc.identifier.eissn2296-424X

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