Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/77474
Authors: 
Joshi, Vivek
Year of Publication: 
2010
Series/Report no.: 
HEID Working Paper 06/2010
Abstract: 
This paper addresses the impact of Multilateral Trade Liberalisation (MTL) on the preferential tariffs granted by the United States. For a given MFN tariff, we model the preferential tariff with a simple linear functional form. We take MTL of the US as known to the world by the end of Uruguay Round in 1994 and estimate its impact on preferential tariff negotiations during 1995 to 2007. We use a three dimensional panel data, which takes into account the partner, product and time variation of the data-set. To complete our data-set, we codify eight PTA legal agreements. We draw three important conclusions. First, the products that are highly protected do not get high preferential access even at the regional level. Second, reciprocity plays only a limited role in granting better preferential access. Third, irrespective of development level of the partner, the non-reciprocal GSP preferences always matter.
Subjects: 
MFN tariffs
preferential tariffs
reciprocity
GSP
JEL: 
F13
F15
Document Type: 
Working Paper

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