Cited by 1,481Global trade and economicsWorld Trade Organization LawGlobal Trade and Competitiveness

Do We Really Know That the WTO Increases Trade?

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Rose, Andrew K·2004·American Economic Review

Abstract

This paper estimates the effect on international trade of multilateral trade agreements—the World Trade Organization (WTO), its predecessor the General Agreement on Tariffs and Trade (GATT), and the Generalized System of Preferences (GSP) extended from rich countries to developing countries. I use a standard “gravity” model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. An extensive search reveals little evidence that countries joining or belonging to the GATT/WTO have different trade patterns from outsiders, though the GSP seems to have a strong effect.

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Research works printed but not linked: 9

  1. Alston, Richard M., J.R. Kearl, and Michael B. Vaughan (1992) "Is there a Consensus Among Economists in the 1990s?" American Economic Review 82-2, 203-209.
  2. Anderson, James and Eric van Wincoop (2002) "Gravity with Gravitas: A Solution to the Border Puzzle" forthcoming American Economic Review.
  3. Deardorff, Alan V. (1998) "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?" in The Regionalization of the World Economy (ed.: Jeffrey A. Frankel), Chicago: University Press.
  4. Glick, Reuven and Andrew K. Rose (2002) "Does a Currency Union affect Trade? The Time- Series Evidence" European Economic Review.
  5. Gourieroux, Christian and Alain Monfort (1981) "On the Problem of Missing Data in Linear Models" Review of Economic Studies XLVIII, 579-586.
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  7. Kearl, J.R., Clayne L. Pope, Gordon C. Whiting, and Larry T. Wimmer (1979) "A Confusion of Economists?" American Economic Review 69-2, 28-37.
  8. Little, Roderick J.A. (1992) "Regression with Missing X's: A Review" Journal of the American Statistical Association 87-420, 1227-1237.
  9. Pritchett, Lant (1996) "Measuring Outward Orientation in LDCs: Can it be done?" Journal of Development Economics 49-2, 307-335.

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Authors
Rose, A. K.
Affiliations
Center for Economic and Policy Research (US)
Corresponding author
Rose, Andrew K
Venue
American Economic Review
Published
2004-02-01
Volume
94
Issue
1
Pages
98-114
ISSN
0002-8282 (ISSN-L)
OpenAlex
W3122371890
Cited by
1,481
References
0
Citations by year
2026: 28 · 2025: 37 · 2024: 46 · 2023: 40 · 2022: 42 · 2021: 58 · 2020: 71 · 2019: 39 · 2018: 59 · 2017: 51 · 2016: 52 · 2015: 91 · 2014: 88 · 2013: 74 · 2012: 89
FWCI
118.65
Type
journal article
Language
en
Open access
Locations
  • American Economic Review (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • OpenGrey (Institut de l'Information Scientifique et Technique) (submittedVersion)
  • Cadmus - EUI Research Repository (European University Institute) (submittedVersion, public-domain)
Topics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
  • Social Sciences › Political Science and International Relations › World Trade Organization Law
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Global Trade and Competitiveness
Keywords
World Trade Organization, General Agreement on Tariffs and Trade, Generalized System of Preferences, multilateral trade agreements, international trade effects, gravity model of trade, developing countries, trade liberalization

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