The Measurement Of The Deep Integration Of FTA And Its Impact On Global Value Chains Trade

Based on the texts of free trade agreements signed by China with 15 countries or region from 2005 to 2015,this article taked coverage and enforcement into consideration.12 indicators were created to measuring the deep integration of the agreement,including the FTA "Total Index","Core Index","WTO + Index","WTOX Index","Tariff Index" and "Non-tariff Index" were created.Secondly,the OECD-TiVA database was used to decompose China’s bilateral export value from2005 to 2015,and the domestic and foreign value added in China’s exports were derived,and they were an important part of measuring China’s Global Value Chain trade.Finally,the trade gravity model is used to analyze the impact of China’s deep integration of FTA on China’s domestic value-added exports,the results showed that deep integration of FTA would greatly affect domestic value-added exports,and its effect from “enforcement” index is twice larger than that of “coverage”.And the impact of the free trade agreements signed with middle-high and high income countries is larger;meanwhile middle-low skilled industry,high skilled and middle-high skilled industries are easier been boosted by deep integrationof free trade agreements.