Measuring World Trade Organization (WTO) Accession Commitments and their Economic Effects

Abstract : This paper builds an index to measure the depth of accession commitments and estimate the impact of World Trade Organization (WTO) accession. We find that WTO accession has a positive and significant influence on an economy’s trade and investment. The impact of WTO accession on the ratio of trade to gross domestic product is significantly higher than in previous studies on developing countries. Trade in services also tends to increase after accession. Moreover, greater openness does not negatively affect the trade balance of Article XII members. The results on investment, be it domestic or foreign, are also encouraging, but are not fully conclusive.
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Journal of International Commerce, Economics and Policy, 2017, 08 (02), pp.1-27. 〈http://www.worldscientific.com/doi/abs/10.1142/S1793993317500077〉. 〈10.1142/S1793993317500077〉
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Soumis le : jeudi 7 décembre 2017 - 16:02:46
Dernière modification le : jeudi 18 janvier 2018 - 01:43:33

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Vicky Chemutai, Hubert Escaith. Measuring World Trade Organization (WTO) Accession Commitments and their Economic Effects. Journal of International Commerce, Economics and Policy, 2017, 08 (02), pp.1-27. 〈http://www.worldscientific.com/doi/abs/10.1142/S1793993317500077〉. 〈10.1142/S1793993317500077〉. 〈hal-01658461〉

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