The WTO trade effect

被引：79

作者：

Chang, Pao-Li ^{[1
]}

Lee, Myoung-Jae ^{[2
,3
]}

机构：

[1] Singapore Management Univ, Sch Econ, Singapore 178903, Singapore

[2] Korea Univ, Dept Econ, Seoul 136701, South Korea

[3] Australian Natl Univ, Coll Business & Econ, Res Sch Econ, Canberra, ACT 0200, Australia

来源：

JOURNAL OF INTERNATIONAL ECONOMICS | 2011年 / 85卷 / 01期

基金：

新加坡国家研究基金会;

关键词：

Trade flow; Treatment effect; Matching; Permutation test; Signed-rank test; Sensitivity analysis; SENSITIVITY-ANALYSIS; MATCHING ESTIMATORS; SELECTION BIAS; GRAVITY; EXOGENEITY; TARIFFS;

D O I：

10.1016/j.jinteco.2011.05.011

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper re-examines the GATT/WTO membership effect on bilateral trade flows, using nonparametric methods including pair-matching, permutation tests, and a Rosenbaum (2002) sensitivity analysis. Together, these methods provide an estimation framework that is robust to misspecification bias, allows general forms of heterogeneous membership effects, and addresses potential hidden selection bias. This is in contrast to most conventional parametric studies on this issue. Our results suggest large GATT/WTO trade-promoting effects that are robust to various restricted matching criteria, alternative GATT/WTO indicators, non-random incidence of positive trade flows, inclusion of multilateral resistance terms, and different matching methodologies. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：53 / 71

页数：19

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