Arbeitspapier
A "new trade" theory of GATT/WTO negotiations
I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the trade policy literature: first, what is the purpose of trade negotiations? And second, what is the role played by the fundamental GATT/WTO principles of reciprocity and nondiscrimination? Relative to the standard terms-of-trade theory of GATT/WTO negotiations, my theory makes two main contributions: first, it builds on a 'new trade' model rather than the neoclassical trade model and therefore sheds new light on GATT/WTO negotiations between similar countries. Second, it relies on a production relocation externality rather than the terms-of-trade externality and therefore demonstrates that the terms-of-trade externality is not the only trade policy externality, which can be internalized in GATT/WTO negotiations.
- Language
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Englisch
- Bibliographic citation
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Series: WTO Staff Working Paper ; No. ERSD-2009-08
- Classification
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Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Trade Policy; International Trade Organizations
- Subject
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GATT/WTO
new trade theory
WTO-Regeln
Neue Außenhandelstheorie
Verhandlungstheorie
Theorie
- Event
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Geistige Schöpfung
- (who)
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Ossa, Ralph
- Event
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Veröffentlichung
- (who)
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World Trade Organization (WTO)
- (where)
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Geneva
- (when)
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2009
- DOI
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doi:10.30875/dfceab11-en
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ossa, Ralph
- World Trade Organization (WTO)
Time of origin
- 2009