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In Search of WTO Trade Effects

Eicher, Theo S. - 2009

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 …