EconStor >
World Trade Organization (WTO), Economic Research and Statistics Division, Geneva >
WTO Staff Working Papers, Economic Research and Statistics Division, WTO >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/57621
  
Title:A "new trade" theory of GATT/WTO negotiations PDF Logo
Authors:Ossa, Ralph
Issue Date:2009
Series/Report no.:WTO Staff Working Paper ERSD-2009-08
Abstract:I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the trade policy literature: first, what is the purpose of trade negotiations? And second, what is the role played by the fundamental GATT/WTO principles of reciprocity and nondiscrimination? Relative to the standard terms-of-trade theory of GATT/WTO negotiations, my theory makes two main contributions: first, it builds on a 'new trade' model rather than the neoclassical trade model and therefore sheds new light on GATT/WTO negotiations between similar countries. Second, it relies on a production relocation externality rather than the terms-of-trade externality and therefore demonstrates that the terms-of-trade externality is not the only trade policy externality, which can be internalized in GATT/WTO negotiations.
Subjects:GATT/WTO
new trade theory
JEL:F12
F13
Document Type:Working Paper
Appears in Collections:WTO Staff Working Papers, Economic Research and Statistics Division, WTO

Files in This Item:
File Description SizeFormat
639587348.pdf367.31 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/57621

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.