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 … results show that WTO commitments significantly reduce the probability of a tariff increase, even when the bound tariff is …

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 … results show that WTO commitments significantly reduce the probability of a tariff increase, even when the bound tariff is …

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 … results show that WTO commitments significantly reduce the probability of a tariff increase, even when the bound tariff is …

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 … results show that WTO commitments significantly reduce the probability of a tariff increase, even when the bound tariff is …

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 … results show that WTO commitments significantly reduce the probability of a tariff increase, even when the bound tariff is …

potential pitfalls that change would have to avoid, such as a dilution of commitments and fragmentation of the multilateral …

eliminate uncertainty such as binding trade policy commitments at the WTO can increase entry even when applied protection is … use the variation in tariffs and binding commitments across countries, products and time, to construct model …-consistent measures of uncertainty. The estimates indicate that lower WTO commitments increase entry. Reducing trade policy uncertainty is …