Effect of Aid for Trade and Foreign Direct Investment Inflows on the Utilization of Unilateral Trade Preferences Offered by the QUAD Countries

IF 1.3 Q3 ECONOMICS

Journal of International Commerce Economics and Policy Pub Date : 2022-09-26 DOI:10.1142/s1793993326500018

S. Gnangnon, H. Iyer

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引用次数: 3

Abstract

This paper investigates the effect of Aid for Trade (AfT) flows and foreign direct investment (FDI) inflows, as well as their interplay on the utilization of non-reciprocal trade preferences (NRTPs) offered by the Quadrilaterals (i.e., QUAD countries, which are Canada, the European Union, Japan, and the United States). Two major blocks of NRTPs provided by the QUAD countries have been considered, namely, the Generalized System of Preferences (GSP) programs and other NRTPs. The analysis has covered 114 beneficiary countries of these NRTPs and the period of 2002–2018. Several findings have emerged from the analysis. Total AfT flows and FDI inflows contribute to enhancing the utilization rate of both GSP programs and other NRTPs, and are strongly complementary in affecting positively the utilization of both types of NRTPs. Finally, beneficiary countries’ level of export product diversification matters for the effect of both AfT flows and FDI inflows on the utilization of NRTPs. The conclusion section discusses the implications of these findings.

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贸易援助和外国直接投资流入对四国提供的单边贸易优惠的影响

本文研究了贸易援助(AfT)流动和外国直接投资(FDI)流入的影响，以及它们对四方(即四方国家，即加拿大、欧盟、日本和美国)提供的非互惠贸易优惠(nrtp)的利用的相互作用。“一带一路”成员国提供的两大类免关税待遇已被考虑，即普遍优惠制(GSP)计划和其他免关税待遇。该分析涵盖了2002年至2018年期间114个nrtp受益国。从分析中得出了几个结论。外国直接投资总额和外国直接投资流入有助于提高普惠制计划和其他非限制性贸易优惠计划的利用率，并且在积极影响两类非限制性贸易优惠计划的利用方面具有很强的互补性。最后，受惠国的出口产品多样化程度关系到外国直接投资流动和外国直接投资流入对自然资源转让方案利用的影响。结论部分讨论了这些发现的含义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Commerce Economics and Policy ECONOMICS-

CiteScore

1.50

自引率

0.00%

发文量

期刊介绍： Journal of International Commerce, Economics and Policy (JICEP) is a peer-reviewed journal that seeks to publish high-quality research papers that explore important dimensions of the global economic system (including trade, finance, investment and labor flows). JICEP is particularly interested in potentially influential research that is analytical or empirical but with heavy emphasis on international dimensions of economics, business and related public policy. Papers must aim to be thought-provoking and combine rigor with readability so as to be of interest to both researchers as well as policymakers. JICEP is not region-specific and especially welcomes research exploring the growing economic interdependence between countries and regions.