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WTO Staff Working Papers, Economic Research and Statistics Division, WTO >
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http://hdl.handle.net/10419/57619
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| Title: | | Non-tariff measures and the WTO  |
| Authors: | | Staiger, Robert W. |
| Issue Date: | | 2012 |
| Series/Report no.: | | Staff working paper ERSD 2012-01 |
| Abstract: | | In this paper I sketch out the rough contours of the challenge faced by the WTO in dealing with non-tariff measures (NTMs) as seen from the economic theories of trade agreements. The key questions for the WTO - the answers to which largely dictate the choice between shallow and deep approaches to integration - appear to be two: (1) Is it the terms-of-trade problem or the commitment problem that WTO member governments seek to solve with their WTO membership?; and (2) Is it market clearing or offshoring/bilateral bargaining that is now the most prominent mechanism for the determination of international prices? I suggest that evidence on the first question points to the terms-of-trade theory and hence toward shallow integration, but that answering the second question may be the key to identifying the best way forward on NTMs for the WTO. |
| Subjects: | | terms of trade commitment border measures behind-the-border measures offshoring bilateral bargaining |
| JEL: | | D62 F13 F55 H21 H23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | WTO Staff Working Papers, Economic Research and Statistics Division, WTO
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