Beverelli, Cosimo; Boffa, Mauro; Keck, Alexander - 2014 - Manuscript date: 29 October 2014
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...