Export Diversification Effects of the WTO Trade Facilitation Agreement

Trade openness, export diversification, and political regimes

Recent studies have challenged the view that trade openness leads to more specialization in countries’ trade. Using a panel of 116 countries over 35 years, we show that openness can be positively associated with both specialization and diversification, depending on the measure used. Moreover, for developing countries in our sample, the effect of openness on trade structure depends on the type o...

The WTO Trade Effect

This paper proposes to reexamine the GATT/WTO membership effect on bilateral trade flows, using nonparametric methods including pair-matching, permutation tests, and a Rosenbaum (2002) sensitivity analysis. Taken together in a coherent manner, these methods provide an estimation framework that is robust to misspecification biases, allows general forms of heterogeneous treatment effects, and add...

The Strategy of Export Diversification and Economic Growth in

Today export diversification has become one of the most important economic objectives of development strategies in the developing countries. For various reasons, such as preventing instability in export prices of primary products in global markets, reducing fluctuations in exchanges of them compared with industrial goods, producing dynamic benefits resulted from exporting various goods and incr...

financial regulation and general agreement on trade in services (wto)

optimal level of regulation and regulatory reform seem to be an undisputed objective . however, in the context of financial regulation there are differences and disagreements over the optimal level of disclosure of information and capital adequacy standards. in this paper, instead of offering a substantive solution , we argue for a competitive process through which the optimal level of disclosu...

BROKEN PROMISES: TRADE, AGRICULTURE AND DEVELOPMENT IN THE WTO Trade, Agriculture and Development in the WTO