Arbeitspapier
On the heterogenous trade and welfare effects of GATT/WTO membership
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is large, positive, and significant. We contribute to the literature by estimating country-specific estimates and find them to vary widely across the countries in our sample with poorer members benefitting more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand.
- Sprache
-
Englisch
- Erschienen in
-
Series: FIW Working Paper ; No. 195
- Klassifikation
-
Wirtschaft
Trade Policy; International Trade Organizations
Empirical Studies of Trade
- Thema
-
GATT
WTO
Heterogenous Policy Effects
Welfare
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Felbermayr, Gabriel
Larch, Mario
Yalçin, Erdal
Yotov, Yoto
- Ereignis
-
Veröffentlichung
- (wer)
-
FIW - Research Centre International Economics
- (wo)
-
Vienna
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Felbermayr, Gabriel
- Larch, Mario
- Yalçin, Erdal
- Yotov, Yoto
- FIW - Research Centre International Economics
Entstanden
- 2022
Ähnliche Objekte (12)
On the heterogeneous trade and welfare effects of GATT/WTO membership
On the heterogeneous trade and welfare effects of GATT/WTO membership
Does WTO membership make a difference at the extensive margin of world trade?
The US-China trade deal: How the EU and WTO lose from managed trade
Zölle im transatlantischen Handel: Worauf, wie viel und wie gerecht?
Ricardo und die neue quantitative Außenhandelstheorie
Brexit: Eine “Hard-but-Smart”–Strategie und ihre Folgen
Brexit: Was jetzt?
Die EU: Welthandelsmacht mit Schönheitsfehlern
Krieg mit anderen Mitteln
The world economy after the coronavirus shock: Restarting globalization?
European trade policy at the service of geopolitics? Requirements for new instruments from the perspective of family businesses
On the heterogeneous trade and welfare effects of GATT/WTO membership
On the heterogeneous trade and welfare effects of GATT/WTO membership
Does WTO membership make a difference at the extensive margin of world trade?
The US-China trade deal: How the EU and WTO lose from managed trade
Zölle im transatlantischen Handel: Worauf, wie viel und wie gerecht?
Ricardo und die neue quantitative Außenhandelstheorie
Brexit: Eine “Hard-but-Smart”–Strategie und ihre Folgen
Brexit: Was jetzt?
Die EU: Welthandelsmacht mit Schönheitsfehlern
Krieg mit anderen Mitteln
The world economy after the coronavirus shock: Restarting globalization?
European trade policy at the service of geopolitics? Requirements for new instruments from the perspective of family businesses
On the heterogeneous trade and welfare effects of GATT/WTO membership
On the heterogeneous trade and welfare effects of GATT/WTO membership
Does WTO membership make a difference at the extensive margin of world trade?
The US-China trade deal: How the EU and WTO lose from managed trade
Zölle im transatlantischen Handel: Worauf, wie viel und wie gerecht?
Ricardo und die neue quantitative Außenhandelstheorie
Brexit: Eine “Hard-but-Smart”–Strategie und ihre Folgen
Brexit: Was jetzt?
Die EU: Welthandelsmacht mit Schönheitsfehlern
Krieg mit anderen Mitteln
The world economy after the coronavirus shock: Restarting globalization?