1 option
Committing to Grow: The Full Impact of WTO Accessions / André Brotto, Adam Jakubik, Roberta Piermartini, Fulvio Silvy.
- Format:
- Book
- Government document
- Author/Creator:
- Brotto, André.
- Series:
- IMF Working Papers; Working Paper ; No. 2024/207
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (46 pages)
- Other Title:
- Committing to Grow
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2024.
- Summary:
- This paper studies the impact of the process of accession to the WTO on growth rates in a sample of 150 economies. Unlike GATT-era accessions, WTO accessions involve reforms that extend beyond conventional trade liberalization measures. Using information on the pace of negotiations and requests in the working party's meetings, we construct an index that tracks the progress of reforms in the pre-accession period. We estimate that economies that implemented reforms and made deeper commitments during their WTO accession negotiations grew on average 1.5 percentage points faster than they otherwise would have. These results are robust to instrumental variable estimation and falsification tests.
- Notes:
- Description based on print version record.
- ISBN:
- 9798400290947
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.