Advanced Search
MyIDEAS: Login to save this paper or follow this series

Russia and the WTO

Contents:

Author Info

  • Yaroslav Lissovolik
  • Bogdan Lissovolik
Registered author(s):

    Abstract

    With China''s accession to the WTO in 2001, Russia is by far that organization''s most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia''s export structure. On the basis of cross-section and panel regressions for 1995-2002, we find that Russian exports to WTO members have fallen short of the model''s predictions. The paper discusses possible explanations of this result, including Russia''s exclusion from various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia''s further trade reorientation toward WTO members after a putative accession. Our results also prompt some ideas that may resolve the recent empirical controversy over the WTO''s overall role in promoting trade.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17659
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 04/159.

    as in new window
    Length: 43
    Date of creation: 01 Aug 2004
    Date of revision:
    Handle: RePEc:imf:imfwpa:04/159

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Email:
    Web page: http://www.imf.org/external/pubind.htm
    More information through EDIRC

    Order Information:
    Web: http://www.imf.org/external/pubs/pubs/ord_info.htm

    Related research

    Keywords: Trade; World Trade Organization; Economic models; dummy variable; trade restrictions; trading partners; statistics; import duties; outliers; logarithm; dummy variables; non-wto members; trade flows; international trade; external trade; trade reorientation; export structure; partner country; trade partners; foreign trade; standard error; trade pattern; dispute settlement; global trade; bilateral trade; statistical significance; mean square; trade patterns; world economy; trade liberalization; trade preferences; trade structure; political economy; trading partner; free trade; trade barriers; world trade; accession negotiations; antidumping procedures; equation; standard errors; time series; trade liberalizations; multilateral trade; antidumping duties; trade performance; trade regime; trading arrangements; stata; independent variables; trade policies; export performance; commodity composition; liberal trade; restrictive rules of origin; empirical model; empirical result; trade effect; competitive pressures; import tariff; constant term; multilateral agreements; preferential treatment; sensitivity analysis; external trade barriers; multilateral trade liberalization; partner countries; most-favored-nation; economic integration; trading patterns; trade regimes; import quotas; transition countries; world price; missing observations; trade determinants; equilibrium model; statistic; world trading system; bilateral agreement; non-tariff measures; import competition; negotiating position; correlation; predictions; transition period; trading system; global trading; free trade areas; trade data; trade policy variables; economic community; transitional periods; trade promotion; independent variable; trade openness; trade policy options; regression analysis; average import tariff; tariff levels; safeguard measures; antidumping actions; general equilibrium models; probability; liberal trade policy; binary choice; nonmember countries; general equilibrium model; multilateral negotiations; trade gains; trade sector; trade integration; transport equipment; rules of origin; idiosyncratic factors; trade negotiations; antidumping cases; measurement error; trade areas; logarithms; trade model; preferential trade; trade costs;

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Subramanian, Arvind & Wei, Shang-Jin, 2007. "The WTO promotes trade, strongly but unevenly," Journal of International Economics, Elsevier, Elsevier, vol. 72(1), pages 151-175, May.
    2. Laszlo Matyas, 1997. "Proper Econometric Specification of the Gravity Model," The World Economy, Wiley Blackwell, Wiley Blackwell, vol. 20(3), pages 363-368, 05.
    3. Alexander Alekseev & Natalia Tourdyeva & Ksenia Yudaeva, 2003. "Estimation of the Russia’s trade policy options with the help of the Computable General Equilibrium Model," Working Papers w0042, Center for Economic and Financial Research (CEFIR).
    4. Blanchard, Olivier & Kremer, Michael R., 1997. "Disorganization," Scholarly Articles 3659691, Harvard University Department of Economics.
    5. Rose, Andrew K, 2002. "Do We Really Know that the WTO Increases Trade?," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3538, C.E.P.R. Discussion Papers.
    6. Wang, Zhen Kun & Winters, L. Alan, 1991. "The Trading Potential of Eastern Europe," CEPR Discussion Papers, C.E.P.R. Discussion Papers 610, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Sergey Kolesnikov & Olga Podkorytova, 2011. "Russia's trade flows and WTO," EUSP Deparment of Economics Working Paper Series, European University at St. Petersburg, Department of Economics Ec-06/11, European University at St. Petersburg, Department of Economics, revised 01 Jul 2011.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:04/159. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.