Abstract

http://ssrn.com/abstract=1009445
 
 

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Citations (187)



 


 



Do We Really Know that the WTO Increases Trade?


Andrew K. Rose


University of California - Haas School of Business; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

October 2002

HKIMR Working Paper No. 18/2002

Abstract:     
This paper estimates the effect on international trade of multilateral trade agreements: the World Trade Organization (WTO), its predecessor the Generalized Agreement on Tariffs and Trade (GATT), and the Generalized System of Preferences (GSP) extended from rich countries to developing countries. I use a standard gravity model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. An extensive search reveals little evidence that countries joining or belonging to the GATT/WTO have different trade patterns than outsiders. The GSP does seem to have a strong effect, and is associated with an approximate doubling of trade.

Number of Pages in PDF File: 38

Keywords: empirical, bilateral, panel, gravity, GATT, GSP, international, multilateral, panel

JEL Classification: F13, F15

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Date posted: August 27, 2007  

Suggested Citation

Rose, Andrew K., Do We Really Know that the WTO Increases Trade? (October 2002). HKIMR Working Paper No. 18/2002. Available at SSRN: http://ssrn.com/abstract=1009445

Contact Information

Andrew K. Rose (Contact Author)
University of California - Haas School of Business ( email )
Berkeley, CA 94720
United States
510-642-6609 (Phone)
510-642-4700 (Fax)
HOME PAGE: http://faculty.haas.berkeley.edu/arose
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
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