全球智库信息集成服务系统(G2TT): DP8293 Does WTO Matter for the Extensive and the Intensive Margins of Trade?

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP8293
	DP8293 Does WTO Matter for the Extensive and the Intensive Margins of Trade?
	Timothy Van Zandt; Ilian Mihov; Pushan Dutt
发表日期	2011-03-14
出版年	2011
语种	英语
摘要	We use 6-digit bilateral trade data to document the effect of WTO/GATT membership on the extensive and intensive product margins of trade. We construct gravity equations for the two product margins where the specifications of these gravity equations are motivated by the model of Eaton and Kortum (2002). The data show that the puzzle of no significant impact of WTO membership on trade documented by Rose (2004) manifests itself differently at the product margins of trade. We show that the impact of the WTO is almost exclusively on the extensive product margin of trade, i.e. trade in goods that were not previously traded. In our preferred specification, WTO membership increases the extensive margin of exports by 31%. At the same time, WTO membership has a negligible or even a negative impact on the intensive margin (the volume of already-traded goods). Incidentally, we also document that standard gravity variables provide good explanatory power for bilateral trade on both margins.
主题	International Macroeconomics ; International Trade and Regional Economics
关键词	Extensive margin of trade Gravity Intensive margin of trade Wto
URL	https://cepr.org/publications/dp8293
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/537128
推荐引用方式 GB/T 7714	Timothy Van Zandt,Ilian Mihov,Pushan Dutt. DP8293 Does WTO Matter for the Extensive and the Intensive Margins of Trade?. 2011.