Conconi Lab

University of Oxford

- · United Kingdom

ERC-funded
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Research focus

ERC Advanced Grant · 2018

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 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…

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