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

Vicky Chemutai () and Hubert Escaith
Additional contact information
Vicky Chemutai: #x2020;International Consultant at the WTO Centre William Rappard, Geneva, Switzerland

Journal of International Commerce, Economics and Policy (JICEP), 2017, vol. 08, issue 02, 1-27

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.

Keywords: WTO Accession; Article XII; synthetic index; difference-in-difference; exploratory data analysis (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1793993317500077
Access to full text is restricted to subscribers

Related works:
Working Paper: Measuring World Trade Organization (WTO) Accession Commitments and their Economic Effects (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jicepx:v:08:y:2017:i:02:n:s1793993317500077

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1793993317500077

Access Statistics for this article

Journal of International Commerce, Economics and Policy (JICEP) is currently edited by Ramkishen S. Rajan

More articles in Journal of International Commerce, Economics and Policy (JICEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().