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Events
Multilateral Trade Bargaining: A First Look at the GATT Bargaining Records
May 28, 2015Macro, Trade, and Finance Seminar Series

Bob Staiger (Dartmouth) will share the results of recent research.

Speaker: Robert Staiger is Professor of Economics at Dartmouth University. More »

Abstract: 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.

Paper

 

Last Updated: May 21, 2015

The Macro, Trade, and Finance Seminar Series is a weekly series hosted by the World Bank's research department. The series invites leading researchers from the fields of macroeconomics, growth, trade, international integration, and finance to present the results of their most recent research in a seminar format. The full list of seminars can be viewed here.

Event Details
  • Date: May 28, 2015
  • Location: World Bank Main Complex, MC10-100
  • Time: 12:30 - 2:00 p.m.
  • CONTACT: Shweta Mesipam
  • smesipam@worldbank.org