ESTUDIOS Y ANÁLISIS: DOCUMENTOS DE TRABAJO
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.
N°: ERSD-2014-18
Autores: Cosimo Beverelli (Economic Research Division, WTO) — Mauro Boffa (GSEM, University of Geneva) — Alexander Keck (Economic Research Division, WTO)
Fecha de redacción: octubre de 2014
Palabras clave:
Import, International Trade Agreements, Non Tariff, Tariff, WTO
Código JEL:
F13, F14, F15
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Este es un documento de trabajo y se refiere, por consiguiente, a un estudio en curso. Refleja las opiniones de sus autores. No pretende reflejar la posición o las opiniones de la OMC o de sus Miembros y se entiende sin perjuicio de los derechos y obligaciones de los Miembros en el marco de la OMC. Los errores que puedan existir son responsabilidad de los autores.
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