The paper aims to examine policy-anchor hypotheses by analysing the impact of WTO accession process on domestic economic policies and institutions of newly acceded WTO members. It shows that the process of obtaining WTO membership, under certain circumstances, can lead to a positive improvement in domestic econoic policies and institutions. The difference-in-difference analysis is employed as the empirical model. Results are robust with alternative model specifications and choice of economic policies and institutional variable.
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Paper provided by Economics Section, The Graduate Institute of International Studies in its series HEI Working Papers with number
03-2008.