òòò½Íø Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Do We Really Know That the WTO Increases Trade?
òòò½Íø Review
vol. 94,
no. 1, March 2004
(pp. 98–114)
Abstract
This paper estimates the effect on international trade of multilateral trade agreements - the World Trade Organization (WTO), its predecessor the General 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 from outsiders, though the GSP seems to have a strong effect.Citation
Rose, Andrew, K. 2004. "Do We Really Know That the WTO Increases Trade?" òòò½Íø Review 94 (1): 98–114. DOI: 10.1257/000282804322970724Additional Materials
JEL Classification
- F13 Trade Policy; International Trade Organizations