Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements
Jeanet Bentzen () and
Finn Tarp ()
Additional contact information
Philip Abbott: Purdue University
No 07-06, Discussion Papers from University of Copenhagen. Department of Economics
This paper examines Vietnam’s experience with bilateral trade agreements and compares subsequent outcomes with predictions from existing computable general equilibrium (CGE) models. Those model based assessments have greatly underestimated the impact of past agreements. Tariff reform is not the main factor driving economic adjustments, and market imperfections mean there is potential for greater output and trade expansion. The key questions to ask in future research are what critical new institutional reforms WTO accession will bring, and what incentives will be put in place to determine the evolution of investment by sector.
Keywords: trade liberalization; bilateral trade agreements; WTO accession; Vietnam (search for similar items in EconPapers)
JEL-codes: F13 F14 O24 O53 (search for similar items in EconPapers)
Pages: 25 pages
New Economics Papers: this item is included in nep-int, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Working Paper: Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:0706
Access Statistics for this paper
More papers in Discussion Papers from University of Copenhagen. Department of Economics Oester Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Hoffmann ().