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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

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