Abstract
Around four years ago I began to work on the effects of the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT).1 I was interested in quantifying the effects of membership in these multilateral trade organizations on international trade. I fully expected to find a large positive effect and was primarily interested in comparing this to the effects of other things that enhanced trade (particularly the effects of currency unions). However, I was astonished to find that a naïve look at the data yielded little evidence that membership of GATT/the WTO had an effect on trade that was either economically or statistically substantive. In this chapter, I review the small literature that has developed around this issue.
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References
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© 2010 Andrew K. Rose
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Rose, A.K. (2010). The Effect of Membership in the GATT/WTO on Trade: Where Do We Stand?. In: Drabek, Z. (eds) Is the World Trade Organization Attractive Enough for Emerging Economies?. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250826_8
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DOI: https://doi.org/10.1057/9780230250826_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36905-8
Online ISBN: 978-0-230-25082-6
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