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terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with …
Persistent link: https://www.econbiz.de/10013248436
We analyze the effects of China's rapid export expansion following WTO entry on U.S. prices, exploiting cross-industry variation in trade liberalization. Lower input tariffs boosted Chinese firms' productivity, lowered costs, and, in conjunction with reduced U.S. tariff uncertainty, expanded...
Persistent link: https://www.econbiz.de/10012954464
This paper documents and assesses the significance of the policy changes in China that WTO accession implies in 3 key service categories (banking, insurance, and telecoms), asking whether it is likely they will really be fully implemented in their entirety as undertaken at signature in 2002....
Persistent link: https://www.econbiz.de/10013238960
I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General …/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant …
Persistent link: https://www.econbiz.de/10013313684
gains for developing countries that the WTO membership seeks. Second, in attempting to integrate its developing country … membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …
Persistent link: https://www.econbiz.de/10013067007
This chapter assesses China's integration into the global trading system by examining areas of international political-economic quot;frictionquot; associated with its increased trade. We use a number of newly constructed data sets to examine tensions associated with its rapidly increasing trade...
Persistent link: https://www.econbiz.de/10012753854
This paper empirically examines recently declassified data from the GATT/WTO on tariff bargaining. We document eight stylized facts about these interconnected high-stakes international negotiations. We use detailed product-level offer and counteroffer data to examine several questions about...
Persistent link: https://www.econbiz.de/10013017081
East Asian countries have become much more active in utilizing the WTO dispute settlement system to assert their legal rights. The dispute settlement experience so far for these countries has shown strong tendency of domestic governments to defend economic interest of major industries. Their...
Persistent link: https://www.econbiz.de/10013231597
We describe recent work on the theory of trade agreements that speaks to the purpose and design of GATT. Our discussion proceeds in three steps. First, we examine the purpose of a trade agreement. In both the traditional economic and the political-economy approaches to the study of trade...
Persistent link: https://www.econbiz.de/10013227740
We use data on Chinese manufacturing firms to study the connection between individual firm imports and firm export outcomes. Since our panel covers the years 2002 to 2006, we can use changes in import tariffs associated with China's WTO entry as instruments. Our regression results show that...
Persistent link: https://www.econbiz.de/10013103048