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We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and … effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …
Persistent link: https://www.econbiz.de/10013162399
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 membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …
Persistent link: https://www.econbiz.de/10012269824
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 membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …
Persistent link: https://www.econbiz.de/10012287974
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 membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …
Persistent link: https://www.econbiz.de/10012822504
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 …
Persistent link: https://www.econbiz.de/10011522137
Besides facilitating access to the world market, WTO accession negotiations entail a process of domestic reforms that … that the impact of WTO membership on the Trade/GDP ratio is significantly higher than previous studies had found for … effect of WTO accession on a series of variables related to economic growth, such as trade and investment. The results show …
Persistent link: https://www.econbiz.de/10011609380
implication of the WTO membership. A cut in tariffs is the independent variable and government revenue, trade creation, consumer …The paper undertakes a cost-benefit analysis of Afghanistan's accession to the WTO while attempting to shed light on … the post-WTO accession challenges. For our empirical analysis we have applied the WITS/SMART model to assess the …
Persistent link: https://www.econbiz.de/10010496206
regional variation in the exposure to tariff cuts resulting from WTO entry. Regions that initially specialized in industries …
Persistent link: https://www.econbiz.de/10012922459
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal … our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …
Persistent link: https://www.econbiz.de/10015056161
China's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system …. We present descriptive evidence on the trade effects of China's WTO accession. Moreover, we combine the most recent … approaches from the gravity literature of international trade to provide a causal analysis of the effects of China's WTO …
Persistent link: https://www.econbiz.de/10012300545