Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...

Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...

We examine the effects of the growth of Chinese imports between 1995 and 2007 on the greenhouse gas (GHG) emissions of WTO countries. Using complementary estimators we establish that China's liberalised trade had significant effects on GHG emissions. The growth of Chinese imports increased the...

This paper examines India's welfare gain after becoming a WTO member in comparison to pre-WTO scenario. The mechanism closely follows Lai, Riezman & Wang (2016) that took up the Chinese case. In defining the theoretical welfare estimates, we employ a simple and modified version of Arkolakis,...

We examine the gains from Chinese accession to the WTO. Using Arkolakis, Costinot, and Rodríguez-Clare (2012) we provide a new quantitative welfare measure by dividing the manufacturing sector into import and export sub-sectors. We then evaluate how the increased openness caused by China's...