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A Commitment Theory of Subsidy Agreements

Brou, Daniel - 2012

framework that emphasizes commitment. We build a model where the policy-maker has a tariffs and a production subsidy at its … the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …

Persistent link: https://www.econbiz.de/10013100231

A commitment theory of subsidy agreements

Brou, Daniel; Ruta, Michele - 2012

framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its … the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …) Agreement within the GATT/WTO system. -- trade agreements ; trade policy credibility ; subsidy rules ; GATT/WTO …

Persistent link: https://www.econbiz.de/10009630111

A commitment theory of subsidy agreements

Brou, Daniel; Ruta, Michele - 2012 - Manuscript date: September 2012

framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its … the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …) Agreement within the GATT/WTO system. -- Trade Agreements ; Trade Policy Credibility ; Subsidy Rules ; GATT/WTO …

Persistent link: https://www.econbiz.de/10009622339

The value of domestic subsidy rules in trade agreements

Ruta, Michael; Brou, Daniel; Campanella, Edoardo - 2009

reduce policy makers' ability to use subsidies to offset domestic market distortions. Efficient subsidy rules are, therefore … framework to interpret the provisions on domestic subsidies in the WTO. -- WTO/GATT ; Subsidy Rules ; Trade Agreements ; Trade …

Persistent link: https://www.econbiz.de/10008698731

The Value of Domestic Subsidy Rules in Trade Agreements

Ruta, Michele; Brou, Daniel; Campanella, Edoardo - 2009

reduce policy makers' ability to use subsidies to offset domestic market distortions. Efficient subsidy rules are, therefore …

Persistent link: https://www.econbiz.de/10014200479

A commitment theory of subsidy agreements

Brou, Daniel; Ruta, Michele - 2012

Persistent link: https://www.econbiz.de/10010326796

A commitment theory of subsidy agreements

Brou, Daniel; Ruta, Michele - 2012

Persistent link: https://www.econbiz.de/10010288464

How WTO commitments tame uncertainty

Jakubik, Adam; Piermartini, Roberta - 2019 - Manuscript date: 24 April 2019

This paper studies how WTO rules and flexibilities shape its members' trade policy responses to import shocks. Guided by a cost benefit analysis model and using a unique database of tariff bindings for all WTO countries over the 1996-2011 period, we show that WTO commitments affect members'...

Persistent link: https://www.econbiz.de/10012009096

Chapter 2. The Escape Clause in Trade Agreements

Beshkar, M.; Bond, E.W. - 2016

We provide a synthesis of the theoretical models that study the use of escape clauses, also known as safeguards, in multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic efficiency, political economy shocks, and...

Persistent link: https://www.econbiz.de/10014023452

Can a preferential trade agreement benefit neighbor countries without compensating them?

Endoh, Masahiro; Hamada, Kōichi; Shimomura, Kōji - 2008

PTAs are generally negotiated without any tariff concessions or transfers to non-member countries. Can such a PTA benefit the neighbors’ welfare? In a two-good competitive equilibrium model in the absence of an entrepôt, a PTA without concessions to the outside will hurt the outsider’s...

Persistent link: https://www.econbiz.de/10003811034