Which International Institutions Promote International Trade?

Andrew Rose

No 3764, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This Paper estimates the effect on international trade of three multilateral organizations intended to increase trade: 1) the World Trade Organization (WTO) and its predecessor the Generalized Agreement on Tariffs and Trade (GATT); 2) the International Monetary Fund (IMF); and 3) the Organization for Economic Cooperation and Development (OECD). I use a standard ?gravity? model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. My results indicate that OECD membership (but neither GATT/WTO nor IMF membership) has had a consistently large positive effect on trade.

Keywords: Emprircal; Bilateral; Panel; Gravity; Gatt; Wto; IMF; Oeec; Oecd (search for similar items in EconPapers)
JEL-codes: F13 F15 (search for similar items in EconPapers)
Date: 2003-01
References: View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Journal Article: Which International Institutions Promote International Trade? (2005)
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