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A Survey of the Literature on the WTO Dispute Settlement System
Horn, Henrik; Mavroidis, Petros C - C.E.P.R. Discussion Papers - 2006
This paper surveys the law and economics literature on WTO dispute settlement. As a background, we first briefly lay out main features of the legal framework, and discuss possible roles of a dispute settlement mechanism. We then discuss the two main themes in the empirical literature on dispute...
Persistent link: https://www.econbiz.de/10005662281
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The Time WTO Panels Require to Issue Reports
Horn, Henrik - C.E.P.R. Discussion Papers - 2013
Almost all WTO dispute panels exceed their statutory time limits. This is often seen to indicate a more general problem for panels to manage their tasks. The time required varies considerably across panels however, suggesting that they do not face the same problems. To shed light on these...
Persistent link: https://www.econbiz.de/10011083873
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Trade Agreements as Endogenously Incomplete Contracts
Horn, Henrik; Maggi, Giovanni; Staiger, Robert - C.E.P.R. Discussion Papers - 2007
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may … be incomplete. In spite of its simplicity, the model yields rich predictions on the structure of the optimal trade … explicitly into account can help explain a number of key features of real trade agreements. …
Persistent link: https://www.econbiz.de/10005662007