Does WTO Membership Have First-Mover Advantages?

Andreas Westermeier
Additional contact information
Andreas Westermeier: University of Muenster, Germany

No 1107, International Trade and Finance Association Conference Papers from International Trade and Finance Association

Abstract: This paper analyses, whether the number of neighbouring countries (NrNC) as well as the ratio of neighbouring countries already members of the WTO (RaNC) have an effect on the bilateral trade volume between OECD- and Non-OECD-countries. For this analysis the use of a fixed-effect-vector-decomposition estimator was applied, to face the problems which occur by having panel-data-set and time-invariant variables. The results are clear. The effect of RaNC is positive for countries already members of the WTO. It is negative for countries which still stay out of the WTO. In all cases the effects are significant.This paper was presented at the 18th International Conference of the International Trade and Finance Association, meeting at Universidade Nova de Lisboa, Lisbon, Portugal, on May 23, 2008.

Date: 2008-06-01
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:bep:itfapp:1107

Access Statistics for this paper

More papers in International Trade and Finance Association Conference Papers from International Trade and Finance Association
Bibliographic data for series maintained by Christopher F. Baum ().