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Effects of GATT/WTO on Asia's Trade Performance

Author

Listed:
  • Will J. Martin

    (World Bank)

  • Kym Anderson

    (School of Economics, University of Adelaide)

  • Cong S. Pham

    (Deakin University)

Abstract

Our review of the literature suggests that the effects of GATT/WTO are insignificant or relatively small for participants in general, but potentially very large for groups that make heavy use of it. Our empirical analysis suggests that these gains are disproportionately large for the Asia-Pacific countries—perhaps by reducing resistance to the rapid growth and change in trade patterns in the region. We also highlight a potentially important source of future gains through helping to restrain the costly growth of agricultural protection in rapidly-developing countries in the region.

Suggested Citation

  • Will J. Martin & Kym Anderson & Cong S. Pham, 2009. "Effects of GATT/WTO on Asia's Trade Performance," School of Economics and Public Policy Working Papers 2009-11, University of Adelaide, School of Economics and Public Policy.
    • Handle: RePEc:adl:wpaper:2009-11
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    File URL: https://media.adelaide.edu.au/economics/papers/doc/wp2009-11.pdf
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    References listed on IDEAS

    as
    1. Hayami, Yujiro, 2007. "An Emerging Agricultural Problem in High-Performing Asian Economies," Agricultural Distortions Working Paper Series 48635, World Bank.
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    3. Antônio Salazar P. Brandão & Will J. Martin, 1993. "Implications of agricultural trade liberalization for the developing countries," Agricultural Economics, International Association of Agricultural Economists, vol. 8(4), pages 313-343, June.
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    1. Mazhikeyev, Arman & Edwards, T. Huw & Rizov, Marian, 2015. "Openness and isolation: The trade performance of the former Soviet Central Asian countries," International Business Review, Elsevier, vol. 24(6), pages 935-947.

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    More about this item

    Keywords

    Asian trade growth; GATT commitments; WTO accession;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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