Do We Really Know That the WTO Increases Trade?

Andrew Rose

American Economic Review, 2004, vol. 94, issue 1, 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.

Date: 2004
Note: DOI: 10.1257/000282804322970724
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Related works:
Working Paper: Do We Really Know that the WTO Increases Trade? (2002)
Working Paper: Do We Really KNow that the WTO Increases Trade? (2002)
Working Paper: Do We Really Know that the WTO Increases Trade? (2002)
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