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Effects of Technical Barriers to Trade(TBT) and Sanitary and Phytosanitary Standards (SPS) on Korean Exports: Focusing on Global Value Chain

TBT와 SPS가 한국 수출에 미치는 영향: 글로벌 가치사슬을 중심으로

  • Jihyun Eum (Department of International Trade and Business, Kangwon National University)
  • 음지현 (강원대학교 국제무역학과)
  • Received : 2021.09.01
  • Accepted : 2021.12.14
  • Published : 2021.12.30

Abstract

This paper examines the impact of sanitary and phytosanitary standards (SPS) and technical barriers to trade (TBT) on Korean exports, taking global value chains (GVC) participation into consideration. Using product-level import data from 2000 to 2014, we find heterogeneous effects of importers' SPS and TBT on Korean exports depending on the degree and position of GVC participation. According to the results, trade restrictive effects of SPS and TBT are smaller for industries that are more deeply involved in GVC. However, trade restrictive effects are greater for industries located at a relatively upstream production stage in GVC.

Keywords

Acknowledgement

This study was supported by 2020 Research Grant from Kangwon National University.

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