Democracy and the GATT/WTO Accession Duration

36 Pages Posted: 23 Apr 2007 Last revised: 20 Jan 2008

See all articles by Miaojie Yu

Miaojie Yu

Peking University - China Center for Economic Research (CCER)

Ka-Fu Wong

The University of Hong Kong - School of Economics and Finance

Date Written: January 18, 2008

Abstract

Recent studies have suggested that accession to GATT/WTO is a complex, difficult, and lengthy process, and such process has lengthened in recent years. Using survival analysis, we find that the applicant's political regime has a significant impact on the time it takes to accede to GATT/WTO. In particular, the accession duration is likely shorter for an applicant whose political regime is more democratic. Such a finding is also robust regardless of different econometric methods and data sets adopted. Our finding is surprising because political regime is never to be considered as a mandate of the GATT/WTO before.

Keywords: GATT/WTO, Accession duration, Democracy

JEL Classification: F13, P51

Suggested Citation

Yu, Miaojie and Wong, Ka-Fu, Democracy and the GATT/WTO Accession Duration (January 18, 2008). Available at SSRN: https://ssrn.com/abstract=982032 or http://dx.doi.org/10.2139/ssrn.982032

Miaojie Yu (Contact Author)

Peking University - China Center for Economic Research (CCER) ( email )

Beijing, Beijing 100871
China
+86-10-6275-3109 (Phone)

HOME PAGE: http://mjyu.ccer.edu.cn

Ka-Fu Wong

The University of Hong Kong - School of Economics and Finance

8th Floor Kennedy Town Centre
23 Belcher's Street
Kennedy Town
Hong Kong

Register to save articles to
your library

Register

Paper statistics

Downloads
163
Abstract Views
1,245
rank
185,409
PlumX Metrics