Publication:
Trade Agreements and Enforcement: Evidence from WTO Dispute Settlement

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dc.contributor.authorReynolds, Kara Marie
dc.contributor.authorBown, Chad P.
dc.date.accessioned2015-05-04T20:36:16Z
dc.date.available2015-05-04T20:36:16Z
dc.date.issued2015-04
dc.description.abstractThis paper examines the implications of the terms-of-trade theory for the determinants of outcomes arising under the enforcement provisions of international agreements. Like original trade agreement negotiations, the paper models formal trade dispute negotiations as potentially addressing the terms-of-trade externality problem that governments implement import protection above the globally efficient level so as to shift some of the policys costs to trading partners. The approach is to extend earlier theoretical models of trade agreement accession negotiations to the setting of enforcement negotiations in order to guide the empirical assessment. The paper uses instrumental variables to estimate the model on trade volume outcomes from World Trade Organization (WTO) disputes over 1995–2009. The evidence is consistent with theoretical predictions that larger import volume outcomes are associated with products that have smaller increases in foreign exporter-received prices (terms-of-trade losses for the importer) as a result of the dispute, larger pre-dispute import volumes, larger import demand elasticities, and smaller foreign export supply elasticities. Dispute settlement outcome differences are also explained by variation in institutionally-motivated measures of retaliation capacity and the severity of the free-rider problem associated with foreign exporter concentration.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/04/24402477/trade-agreements-enforcement-evidence-wto-dispute-settlement
dc.identifier.doi10.1596/1813-9450-7242
dc.identifier.urihttps://hdl.handle.net/10986/21856
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7242
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSETTLEMENT NEGOTIATIONS
dc.subjectTRADE VOLUMES
dc.subjectEXPORT SUPPLY
dc.subjectURUGUAY ROUND
dc.subjectLIABILITY
dc.subjectPANEL REPORT
dc.subjectTRADE LOSSES
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectINTERNATIONAL ECONOMIC LAW
dc.subjectAD VALOREM
dc.subjectDISPUTE SETTLEMENT
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectEXPECTATIONS
dc.subjectIMPORTING COUNTRIES
dc.subjectTRADE BARRIERS
dc.subjectCOUNTERVAILING DUTIES
dc.subjectINTERNATIONAL TRADING SYSTEM
dc.subjectREAL GDP
dc.subjectINTERNATIONAL ORGANIZATIONS
dc.subjectCHANGES IN TRADE
dc.subjectDISPUTE SETTLEMENT PROCEDURES
dc.subjectGDP PER CAPITA
dc.subjectEXPORTS
dc.subjectNATIONAL TREATMENT
dc.subjectELASTICITY
dc.subjectGLOBAL” POLICIES
dc.subjectTRADE FLOWS
dc.subjectECONOMETRIC ESTIMATES
dc.subjectPOLITICAL ECONOMY
dc.subjectEXPORTERS
dc.subjectEXPORT PRICES
dc.subjectDEMAND ELASTICITIES
dc.subjectECONOMIC RELATIONS
dc.subjectWELFARE
dc.subjectINCENTIVES
dc.subjectEQUILIBRIUM
dc.subjectTRADE NEGOTIATORS
dc.subjectVARIABLES
dc.subjectIMPORTED PRODUCTS
dc.subjectPANEL REPORTS
dc.subjectDISPUTE SETTLEMENT SYSTEM
dc.subjectMARKET ACCESS
dc.subjectINTERNATIONAL BANK
dc.subjectEXPORT SUBSIDIES
dc.subjectDISPUTE RESOLUTION
dc.subjectTRADE AGREEMENTS
dc.subjectEXPORTING COUNTRY
dc.subjectIMPORT PRODUCTS
dc.subjectOIL PRICES
dc.subjectABSOLUTE VALUE
dc.subjectCONSUMER SURPLUS
dc.subjectREGIONAL TRADE
dc.subjectCASE LAW
dc.subjectVALUE OF IMPORTS
dc.subjectANTIDUMPING
dc.subjectIMPORT POLICY
dc.subjectEXTERNALITIES
dc.subjectIMPORT PROTECTION
dc.subjectFREE RIDER PROBLEM
dc.subjectWTO
dc.subjectIMPORT RESTRICTIONS
dc.subjectWORLD PRICES
dc.subjectTRADE DISPUTES
dc.subjectACCESS
dc.subjectECONOMICS LITERATURE
dc.subjectFREE RIDER
dc.subjectTRADE POLICY
dc.subjectDISPUTE SETTLEMENT RULES
dc.subjectTRADE AGREEMENT
dc.subjectAVERAGE TRADE
dc.subjectTRADE PREFERENCE
dc.subjectTRADE MOTIVES
dc.subjectTRADE EXTERNALITIES
dc.subjectLEGAL ASPECTS
dc.subjectEXTERNALITY
dc.subjectIMPORT MARKETS
dc.subjectDISPUTE RESOLUTION PROCESS
dc.subjectECONOMIC OUTCOMES
dc.subjectINTERNATIONAL TRADE
dc.subjectECONOMETRIC ANALYSIS
dc.subjectEXPORTING COUNTRIES
dc.subjectVALUE
dc.subjectDEMAND SHOCKS
dc.subjectCONCESSIONS
dc.subjectDEMAND
dc.subjectTRADE PROTECTION
dc.subjectEXPORT SHARES
dc.subjectMEASUREMENT
dc.subjectFOREIGN EXPORTERS
dc.subjectMANAGED TRADE
dc.subjectBENCHMARK
dc.subjectINTERNATIONAL AGREEMENTS
dc.subjectECONOMIC THEORY
dc.subjectTRADE LIBERALIZATION
dc.subjectSETTLEMENT OF DISPUTES
dc.subjectENDOGENOUS VARIABLES
dc.subjectECONOMICS
dc.subjectECONOMIC MODELS
dc.subjectWORLD TRADING SYSTEM
dc.subjectTERMS OF TRADE
dc.subjectRECIPROCITY
dc.subjectECONOMIC LAW
dc.subjectDOMESTIC DEMAND
dc.subjectAPPELLATE BODY REPORT
dc.subjectTRADE DATA
dc.subjectIMPORTING COUNTRY
dc.subjectEXPORT POLICY
dc.subjectTRADE
dc.subjectAPPLICATION OF RECIPROCITY
dc.subjectGDP
dc.subjectDOMESTIC PRICES
dc.subjectGOODS
dc.subjectTHEORY
dc.subjectTRADING SYSTEM
dc.subjectLEGAL SYSTEM
dc.subjectBILATERAL TRADE
dc.subjectTRADE RESTRICTION
dc.subjectAPPELLATE BODY
dc.subjectECONOMIC DISTORTIONS
dc.subjectSUPPLY
dc.subjectRETALIATION LEVELS
dc.subjectPRODUCT MARKETS
dc.subjectTRADE DISPUTE
dc.subjectIMPORT POLICIES
dc.subjectINTERNATIONAL LAW
dc.subjectLEGAL PROCEDURES
dc.subjectBILATERAL TRADE DATA
dc.subjectPOLICY RESEARCH
dc.subjectARBITRAGE
dc.subjectOUTCOMES
dc.subjectIMPORT VALUE
dc.subjectDISPUTE SETTLEMENT PROCESS
dc.subjectPRICES
dc.subjectARBITRATOR
dc.subjectDEVELOPMENT POLICY
dc.subjectFUTURE RESEARCH
dc.titleTrade Agreements and Enforcementen
dc.title.subtitleEvidence from WTO Dispute Settlementen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleTrade Agreements and Enforcement: Evidence from WTO Dispute Settlement
okr.date.disclosure2015-04-20
okr.date.doiregistration2025-04-10T10:32:04.414701Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2015/04/24402477/trade-agreements-enforcement-evidence-wto-dispute-settlement
okr.globalpracticeTrade and Competitiveness
okr.guid189201468181785902
okr.identifier.doi10.1596/1813-9450-7242
okr.identifier.externaldocumentum090224b0847dd20a_2_0
okr.identifier.internaldocumentum24402477
okr.identifier.reportWPS7242
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/04/20/090224b082de6832_1_0/Rendered/PDF/Trade0agreemen00dispute0settlement0.pdfen
okr.topicInternational Economics and Trade::Trade and Services
okr.topicLaw and Development::Trade Law
okr.topicEconomic Theory Research
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.unitTrade and International Integration Team, Development Research Group
relation.isAuthorOfPublication43c30b7b-e371-51e8-a4ad-3c2c7db7fe4d
relation.isAuthorOfPublication.latestForDiscovery43c30b7b-e371-51e8-a4ad-3c2c7db7fe4d
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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