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Do We Really Know That the WTO Increases Trade? Revisited
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Myeong Hwan Kim
Veröffentlicht/Copyright:
1. Juli 2011
In this study, we revisit a recent study that examined the role of GATT/WTO membership on trade flows. With this aim, we re-examine Rose (2004a)s study and extend the data until 2007. Furthermore, we alternatively estimate the role of the organization, GATT/WTO, on trade by including more control variables that are believed to influence bilateral trade such as a defense pact (military alliance), military disputes, joint democracy and policy similarity. Empirical results clearly demonstrate that GATT/WTO membership does have a significant positive effect on trade.
Published Online: 2011-7-1
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- The Offsetting Duty Norm and the Simultaneous Application of Countervailing and Antidumping Duties
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- What's New in Our World?
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- Global Finance after the Crisis: Reform Imperatives and Vested Interests
- The Role of Employment Protection during an Exogenous Shock to an Economy
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Schlagwörter für diesen Artikel
gravity model;
GATT;
WTO;
trade promotion;
liberalization
Artikel in diesem Heft
- Article
- FDI, Technology Spillovers, Growth, and Income Inequality: A Selective Survey
- The Offsetting Duty Norm and the Simultaneous Application of Countervailing and Antidumping Duties
- Migration of Firms, Home Bias and Economic Growth
- Do We Really Know That the WTO Increases Trade? Revisited
- What's New in Our World?
- A Review of the Crises
- Global Finance after the Crisis: Reform Imperatives and Vested Interests
- The Role of Employment Protection during an Exogenous Shock to an Economy
- Corporate Response to Global Financial Crisis: A Knowledge-Based Model