We investigate to what extent the probability that a Specific Trade Concern (STC) is raised in the WTO against a Member in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on “new measures”, we find evidence of a substitution of...

Analyzing trade flows -- Quantifying trade policy -- Analyzing bilateral trade using the gravity equation -- Partial-equilibrium trade-policy simulation -- General equilibrium -- Analyzing the distributional effects of trade policies

Trade Profiles 2021 provides a series of key indicators on trade in goods and services for 197 economies. For merchandise trade, major exports and imports are listed for both agricultural and non-agricultural products as well as major origins and destinations for total merchandise trade. For...