Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements

Philip Abbott, Jeanet Bentzen and Finn Tarp

MPRA Paper from University Library of Munich, Germany

Abstract: 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)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/61679/1/MPRA_paper_61679.pdf original version (application/pdf)

Related works:
Working Paper: Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements (2007)
Working Paper: Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements (2007)
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:pra:mprapa:61679

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().