Groppo, Valeria; Piermartini, Roberta - 2014
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical … tariff increase. We then study how WTO tariff commitments affect this probability. We estimate our model using a database of … WTO bound tariffs that we built for all WTO Members from 1996 to 2011 at the HS 6-digit level of disaggregation. Our …