In Search of WTO Trade Effects

The literature measuring the impact of Preferential Trade Agreements (PTA) and WTO membership on trade flows has produced remarkably diverse results. Rose's (2004) seminal paper reports a range of specifications that show no WTO effects, but Subramanian and Wei (2007) contend that he does not fully control for multilateral resistance (which could bias WTO estimates). Subramanian and Wei (2007) address multilateral resistance comprehensively to report strong WTO trade effects for industrialized countries but do not account for unobserved bilateral heterogeneity (which could inflate WTO estimate

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Year of publication:	2009
Authors:	Eicher, Theo S.
Other Persons:	Henn, Christian (contributor)
Publisher:	Washington : International Monetary Fund
Subject:	WTO-Recht \| WTO law \| Welt \| World \| Internationale Wirtschaftsbeziehungen \| International economic relations \| Handelseffekt \| Trade effect

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Extent:	Online-Ressource (32 p)
Series:	IMF Working Papers IMF working paper ; WP/09/31
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record Contents; I. Introduction; II. Data; III. Extending the Empirical Framework to Account for Individual PTA Effects; A. Results: WTO Trade Impact After Controlling for Multilateral Resistance and Individual PTA Effects (Hierarchical, Mutually Exclusive WTO Coding); B. Hierarchical, Mutually Exclusive Coding and SW's "Implicit Industrialized PTA Dummy"; IV. Individual PTA Effects, Multilateral Resistance, and Unobserved Bilateral Heterogeneity A. WTO Trade Impact: Controlling for Multilateral Resistance, Unobserved Bilateral Heterogeneity and Individual PTA Effects (Hierarchical/Mutually Exclusive WTO Coding)V. Individual PTA Trade Effects, Multilateral Resistance, and Unobserved Bilateral Hetergeneity (Mutually Inclusive WTO Coding); A. WTO Trade Impact: Controlling for Multilateral Resistance, Unobserved Bilateral Heterogeneity and Individual PTA Effects (Mutually Inclusive WTO Coding); VI. Individual PTA Trade Effects: Sensitivity to Unobserved Bilateral Heterogeneity and Multilateral Resistance Controls; VII. Conclusion ReferencesTables; 1. WTO and PTA Effects (Hierarchical, Mutually Exclusive Coding); 1.a. Raw Regression Output; 2. WTO and PTA Effects (Inclusive Coding); Appendices; A1. Membership in considered Preferential Trading Arrangements; A2. Bilateral Preferential Trade Agreements considered in BilateralPTAmxt; A3. List of Countries in sample and year of WTO accession; B1. De jure coding. WTO and PTA Effects (Hierarchical, Mutually Exclusive Coding); B1.a. Raw Regression Output De jure Coding; B2. De jure coding. WTO and PTA Effects (Inclusive Coding)
ISBN:	978-1-4518-7178-4 ; 978-1-4519-1614-0 ; 978-1-4518-7178-4
Source:	ECONIS - Online Catalogue of the ZBW

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