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Persistent link: https://www.econbiz.de/10003144404
The purpose of the paper is to discuss the effects of WTO accession on policy-making and institutional reforms in transition countries. This is done by looking at the experience of those transition countries which are already Members of the WTO. We start by examining the effect of accession on...
Persistent link: https://www.econbiz.de/10010211073
This paper explores whether Russia can be made to abide by international commercial rules. It discusses the role the EU …, Russia's main trading partner, can and should play in fostering better Russian compliance with international commercial rules …. Russia's economic revival, built on oil and gas, has been accompanied by increasing assertiveness in foreign policies, in …
Persistent link: https://www.econbiz.de/10011618932
Persistent link: https://www.econbiz.de/10011472294
We study the effects of unexpected changes in trade policy uncertainty (TPU) on the U.S. economy. We construct three measures of TPU based on newspaper coverage, firms' earnings conference calls, and aggregate data on tari rates. We document that increases in TPU reduce investment and activity...
Persistent link: https://www.econbiz.de/10012065127
Persistent link: https://www.econbiz.de/10011575142
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462834
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462864
This paper studies how WTO rules and flexibilities shape its members' trade policy responses to import shocks. Guided by a cost benefit analysis model and using a unique database of tariff bindings for all WTO countries over the 1996-2011 period, we show that WTO commitments affect members'...
Persistent link: https://www.econbiz.de/10012009096