Rose, Andrew - In: Open Economies Review 16 (2005) 1, pp. 7-22
Agreement on Tariffs and Trade (GATT) has increased the stability and predictability of trade flows. I use a large data set … covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT …/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also …