Replication data for: What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization
Principal Investigator(s): View help for Principal Investigator(s) Kyle Bagwell; Robert W. Staiger
Version: View help for Version V1
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Project Citation:
Bagwell, Kyle, and Staiger, Robert W. Replication data for: What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112430V1
Project Description
Summary:
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According to the terms-of-trade theory, governments use trade
agreements to escape from a terms-of-trade-driven prisoner's
dilemma. We use the terms-of-trade theory to develop a relationship
that predicts negotiated tariff levels on the basis of pre-negotiation
data: tariffs, import volumes and prices, and trade elasticities. We
then confront this predicted relationship with data on the outcomes
of tariff negotiations associated with the accession of new members
to the World Trade Organization. We find strong and robust support
for the central predictions of the terms-of-trade theory in the
observed pattern of negotiated tariff cuts. (JEL F11, F13)
Scope of Project
JEL Classification:
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F11 Neoclassical Models of Trade
F13 Trade Policy; International Trade Organizations
F11 Neoclassical Models of Trade
F13 Trade Policy; International Trade Organizations
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