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Will International Rules on Subsidies Disrupt the World Trading System?
Open accessAbstract
We provide a first formal analysis of the international rules that govern the use of subsidies to domestic production. Our analysis highlights the impact of the new subsidy disciplines that were added to GATT rules with the creation of the WTO. While GATT subsidy rules were typically viewed as weak and inadequate, our results suggest that the key changes introduced by the WTO subsidy rules may ultimately do more harm than good to the multilateral trading system by undermining the ability of tariff negotiations to serve as the mechanism for expanding market access to more efficient levels.
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Citations
Cited by
Trade Agreements as Endogenously Incomplete Contracts
Horn, H., Maggi, G., & Staiger, R. W. (2010) · American Economic Review · doi:10.1257/aer.100.1.394 · Cited by 301
Self-citationBagwell, K., Bown, C. P., & Staiger, R. W. (2016) · Journal of Economic Literature · doi:10.1257/jel.20151192 · Cited by 122
Self-citationThe Purpose of Trade Agreements
Grossman, G. M. (2016) · Handbook of Commercial Policy · doi:10.1016/bs.hescop.2016.04.016 · Cited by 77
Metadata
- Authors
- Bagwell, K., & Staiger, R. W.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2006-05-01
- Volume
- 96
- Issue
- 3
- Pages
- 877-895
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2080699585
- Cited by
- 184
- References
- 0
- FWCI
- 98.14
- Type
- journal article
- Language
- en
- Open access
- green
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- Bagwell, K., & Staiger, R. W. (2006). Will International Rules on Subsidies Disrupt the World Trading System? American Economic Review. https://doi.org/10.1257/aer.96.3.877
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
