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Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462834
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462864
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10013029880
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10012882818
Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and...
Persistent link: https://www.econbiz.de/10013113275
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
Persistent link: https://www.econbiz.de/10011906327
Sweden became a member of the European Union (EU) in 1995. Since then, she has been integrated into the EU's internal market under the Single Market Programme (SMP). Before Sweden's accession to the EU, she was a member of the European Free Trade Association (EFTA) signed with the EU in 1972....
Persistent link: https://www.econbiz.de/10012219630
The political economy of international trade decision-making within the United States is complex and ever-changing. The debates over the merits of the Trans-Pacific Partnership (TPP), and the associated efforts of the Obama Administration to obtain Trade Promotion Authority (TPA), highlight...
Persistent link: https://www.econbiz.de/10014241043
Persistent link: https://www.econbiz.de/10010235550