Formula Approaches for Market Access Negotiations

Joseph Francois and Will Martin

No 02-125/2, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Most of the large tariff reductions achieved in multilateral tradenegotiations have involved tariff-cutting formulas such as the "Swiss"formula. However, wide variations in initial tariff rates between activeparticipants call for new approaches under the Doha Development Agenda.This paper surveys a range of formula options and examines both targetedand flexible applications of the Swiss formula that target tariff escalation andpeaks, and would allow policy makers to directly target how far they willmove towards free trade, while providing some flexibility for trading offreductions in peak tariffs against reductions in lower-tariff sectors.

Keywords: Market access; Tariff formulas; WTO (search for similar items in EconPapers)
JEL-codes: F1 F13 (search for similar items in EconPapers)
Date: 2002-12-18
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Formula Approaches for Market Access Negotiations (2003)
Working Paper: Formula Approaches for Market Access Negotiations (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20020125

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