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This paper studies the effects of trade policy uncertainty on the extensive and the intensive margins of trade for a sample of 149 exporters at the HS6 digit level. We measure trade policy uncertainty as the gap between binding tariff commitments under trade agreements (multilateral and regional...
Persistent link: https://www.econbiz.de/10011280009
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...
Persistent link: https://www.econbiz.de/10010419803
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and time in trade literatures. Inserting tariffs...
Persistent link: https://www.econbiz.de/10010482005
trade that are flagged by the World Trade Organization's TPRM and subsequent challenges brought to the Dispute Settlement …
Persistent link: https://www.econbiz.de/10013066260
In recent years, debates on international trade policy have focused on the role of the World Trade Organization and the … drive trade liberalisation. Also, the world's fastest growing economies are those Asian economies that have embraced free … respond by removing their own protectionism. Unilateral action, not trade negotiations, is the key: the world cannot wait for …
Persistent link: https://www.econbiz.de/10012724128
This paper aims to help Asian trade negotiators by examining the processes and results of the Uruguay Round. Analysts argue that trade negotiations are based on mercantilistic rules. But the actual outcome of the Uruguay Round suggests that trade bargaining was not based on strict reciprocity....
Persistent link: https://www.econbiz.de/10012768977
. The World Trade Organization (WTO) still has important assets: to convene/service meetings and to settle trade disputes …
Persistent link: https://www.econbiz.de/10013027067
but underappreciated change has taken place, largely beneath the radar of IPE scholarship: China has emerged as the world …
Persistent link: https://www.econbiz.de/10013252214
What is the value of the WTO Committee on Agriculture? How much trade do countries talk about at the WTO? Do low-income countries participate less than they should in the work of the Committee? How important are issues not covered by notifications? What are the most important issues on which to...
Persistent link: https://www.econbiz.de/10012387739