RECHERCHE ET ANALYSE: DOCUMENTS DE TRAVAIL
Trade Policy Substitution: Theory and Evidence from Specific Trade Concerns
We investigate to what extent the probability that a Specific Trade Concern (STC) is raised in the WTO against a Member in a given sector is a ected by past reductions in applied tariffs. Employing an identification strategy based on “new measures”, we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of SPS concerns.
While in the SPS sample this result holds both among developed and developing economies, in the TBT sample such “trade policy substitution” only occurs when the country maintaining the measure at issue is economically developed. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in economies where meeting such standards is relatively less costly and in sectors where meeting such standards is relatively more important from the perspective of producers.
No: ERSD-2014-18
Auteurs: Cosimo Beverelli (Economic Research Division, WTO) — Mauro Boffa (GSEM, University of Geneva) — Alexander Keck (Economic Research Division, WTO)
Date de rédaction: octobre 2014
Mots clés:
Import, International Trade Agreements, Non Tariff, Tariff, WTO
Cotes JEL:
F13, F14, F15
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Ce document est un document de travail et concerne donc des recherches en cours. Les opinions qui y sont exprimées sont celles de ses auteurs. Elles ne sont pas censées représenter la position ou les opinions de l’OMC ou de ses Membres et sont sans préjudice des droits et obligations des Membres dans le cadre de l'Organisation. Les auteurs sont seuls responsables en cas d’erreur.
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