A "new trade" theory of GATT/WTO negotiations

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Auteur(s)

Ossa, Ralph

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Description

I suggest a novel theory of GATT/WTO negotiations based on Krugman's "new trade" model. It emphasizes international production relocations and is easy to calibrate to bilateral trade data. Focusing on the major players in recent GATT/WTO negotiations, I find that it implies reasonable noncooperative tariffs as well as moderate gains from GATT/WTO negotiations.

Sujets

Sciences economiques > Sciences économiques

Institution partenaire

Université de Zürich - Faculté des sciences économiques

Langue

English

Date

2011