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Multilateral Trade Bargaining: A First Look at the GATT Bargaining Records / Kyle Bagwell, Robert W. Staiger, Ali Yurukoglu.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Bagwell, Kyle.
Contributor:
National Bureau of Economic Research.
Staiger, Robert W.
Yurukoglu, Ali.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21488.
NBER working paper series no. w21488
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Multilateral Trade Bargaining
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
This paper empirically examines recently declassified data from the GATT/WTO on tariff bargaining. We document eight stylized facts about these interconnected high-stakes international negotiations. We use detailed product-level offer and counteroffer data to examine several questions about trade policy, including whether preferential tariffs were a stumbling block towards liberalization, and whether the relaxation of bilateral reciprocity to multilateral reciprocity aided liberalization. We organize the empirical analysis around a theoretical model of multi-party trade negotiations motivated by the terms-of-trade theory and respecting the institutional features of most-favored-nation status and reciprocity.
Notes:
Print version record
August 2015.

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