of the Generalized System of Preferences (GSP) of the European Union (EU). EU GSP members receive non-reciprocal trade … preferences (NRTPs), but only as long as they are not too competitive; i.e. they will graduate in case their share of EU GSP …-related graduations for members of the so-called "GSP+", a sub-scheme of the main programme. We find that the reform increased EU imports …

We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and …

The China - Raw Materials dispute recently arbitrated by the WTO opposed China as defendant to the US, the EU and …

implications of membership in the World Trade Organization (WTO). Em-ploying robust difference-in-difference specifications as well … as semi-parametric methods, we find that countries joining the WTO experience a decline in revenues from import duties … taxes. Although triggered by WTO accession, the shift towards consumption taxes, in particular to VAT, typically takes place …

Since its inception in 1995, more than 312 disputes have been raised under the WTO Dispute Settlement System. Despite … retaliating country and amount to "shooting oneself in the foot". Trade wars can only be won by large countries. The WTO …