|
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  |
| Authors: | | Ossa, Ralph |
| Issue Date: | | 2009 |
| Series/Report no.: | | 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:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
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.
|