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Does WTO accession affect domestic economic policies and institutions?

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Abstract

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.

Suggested Citation

  • Sudip Ranjan Basu, 2008. "Does WTO accession affect domestic economic policies and institutions?," IHEID Working Papers 03-2008, Economics Section, The Graduate Institute of International Studies, revised Feb 2008.
  • Handle: RePEc:gii:giihei:heidwp03-2008
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    File URL: http://repec.graduateinstitute.ch/pdfs/Working_papers/HEIDWP03-2008.pdf
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    1. Hausman, Jerry & Kuersteiner, Guido, 2008. "Difference in difference meets generalized least squares: Higher order properties of hypotheses tests," Journal of Econometrics, Elsevier, vol. 144(2), pages 371-391, June.
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    Cited by:

    1. repec:wsi:jicepx:v:08:y:2017:i:02:n:s1793993317500077 is not listed on IDEAS
    2. Susan Ariel Aaronson & M. Rodwan Abouharb, 2011. "Does the WTO Help Member States Clean Up?," Working Papers 2011-13, The George Washington University, Institute for International Economic Policy.
    3. Vicky Chemutai & Hubert Escaith, 2017. "Measuring World Trade Organization (WTO) Accession Commitments and their Economic Effects," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(02), pages 1-27, June.

    More about this item

    Keywords

    WTO; Economic policies; Institutions; Difference-in-Difference Analysis;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables

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