The WTO trade effect

This paper reexamines the GATT/WTO membership efiect on bilateral trade ∞ows, using nonparametric methods including pair-matching, permutation tests, and a Rosenbaum (2002) sensitivity analysis. Together, these methods provide an estimation framework that is robust to misspeciflcation biases, allows general forms of heterogeneous treatment efiects, and addresses potential hidden selection biases. This is in contrast to most conventional parametric studies on this issue. Our results suggest large GATT/WTO trade-promoting efiects, robust to various restricted matching criteria, alternative indicators for GATT/WTO involvement, different matching methodologies, non-random incidence of positive trade ∞ows, and inclusion of multilateral resistance terms.

• Publication year

  2011

• Venue

  Journal of International Economics

• Publication date

  2011-09-01

• Fields of study

  Economics

• Identifiers
  DOI 10.1016/J.JINTECO.2011.05.011
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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