This paper surveys the law and economics literature on WTO dispute settlement. As a background, we first briefly lay out main features of the legal framework, and discuss possible roles of a dispute settlement mechanism. We then discuss the two main themes in the empirical literature on dispute settlement: (i) the determinants of participation by members as complainants, respondents and third parties; and (ii) the role of the DS system for the settling of disputes. The paper finally points to a number of areas that are in need of further research.
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Paper provided by Research Institute of Industrial Economics in its series Working Paper Series with number
684.
Length: 42 pages Date of creation: 20 Dec 2006 Date of revision: Handle: RePEc:hhs:iuiwop:0684
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Find related papers by JEL classification: F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
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