{"id":68991,"date":"2023-12-02T07:20:55","date_gmt":"2023-12-02T06:20:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/on-the-heterogeneous-trade-and-welfare-effects-of-gatt-wto-membership\/"},"modified":"2024-04-20T13:40:47","modified_gmt":"2024-04-20T11:40:47","slug":"on-the-heterogeneous-trade-and-welfare-effects-of-gatt-wto-membership","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/68991\/","title":{"rendered":"On the Heterogeneous Trade and Welfare Effects of GATT\/WTO Membership"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-68991","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"We quantify the partial and general equilibrium effects of GATT\/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT\/WTO membership on trade among member countries is large, positive, and significant. We contribute to the literature by estimating country-specific estimates and find them to vary widely across the countries in our sample with poorer members benefitting more. Using these estimates, we simulate the general equilibrium effects of GATT\/WTO on welfare, which are sizable and heterogeneous across members, and relatively small for non-member countries. We show that countries not experiencing positive trade effects from joining GATT\/WTO can still gain in terms of welfare, due to lower import prices and higher export demand.","onlinedate":"2022-02-18 12:00:00","lang":"English","publication_series":"","publication_date":"20220201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"48","keywords":"[\"GATT\",\"Welfare\",\"Heterogeneous Policy Effects\",\"WTO\"]","jelcodes":"[\"F1\",\"F13\",\"F14\"]","related_publications":"[]","pdf":254496,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"643","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2022-02-18 00:00:00","types":[44410],"research_groups":[],"collaboration":"","persons":[4986,12477,17489,17467],"persons_data":"[{\"personId\":4986,\"personName\":\"Gabriel Felbermayr\",\"organisationNames\":[]},{\"personId\":12477,\"personName\":\"Mario Larch\",\"organisationNames\":[]},{\"personId\":17489,\"personName\":\"Erdal Yalcin\",\"organisationNames\":[]},{\"personId\":17467,\"personName\":\"Yoto V. Yotov\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Felbermayr, G.<\\\/span>, Larch, M., Yalcin, E., &amp; Yotov, Y. V. (2022). <span>On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (643).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Felbermayr G<\\\/span>, Larch M, Yalcin E, Yotov YV. <span class=\\\"title\\\"><span>On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2022 Feb;(643).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{e1cfbdfc68374c80bf3ec930c81e9ded,<\\\/div><div>  title    = \\\"On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership\\\",<\\\/div><div>  abstract = \\\"We quantify the partial and general equilibrium effects of GATT\\\/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT\\\/WTO membership on trade among member countries is large, positive, and significant. We contribute to the literature by estimating country-specific estimates and find them to vary widely across the countries in our sample with poorer members benefitting more. Using these estimates, we simulate the general equilibrium effects of GATT\\\/WTO on welfare, which are sizable and heterogeneous across members, and relatively small for non-member countries. We show that countries not experiencing positive trade effects from joining GATT\\\/WTO can still gain in terms of welfare, due to lower import prices and higher export demand.\\\",<\\\/div><div>  keywords = \\\"GATT, Welfare, Heterogeneous Policy Effects, WTO\\\",<\\\/div><div>  author   = \\\"Gabriel Felbermayr and Mario Larch and Erdal Yalcin and Yotov, \\\\{Yoto V.\\\\}\\\",<\\\/div><div>  note     = \\\"On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership<\\\/p><p>AU  - Felbermayr, Gabriel<\\\/p><p>AU  - Larch, Mario<\\\/p><p>AU  - Yalcin, Erdal<\\\/p><p>AU  - Yotov, Yoto V.<\\\/p><p>N1  - On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership<\\\/p><p>PY  - 2022\\\/2<\\\/p><p>Y1  - 2022\\\/2<\\\/p><p>N2  - We quantify the partial and general equilibrium effects of GATT\\\/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT\\\/WTO membership on trade among member countries is large, positive, and significant. We contribute to the literature by estimating country-specific estimates and find them to vary widely across the countries in our sample with poorer members benefitting more. Using these estimates, we simulate the general equilibrium effects of GATT\\\/WTO on welfare, which are sizable and heterogeneous across members, and relatively small for non-member countries. We show that countries not experiencing positive trade effects from joining GATT\\\/WTO can still gain in terms of welfare, due to lower import prices and higher export demand.<\\\/p><p>AB  - We quantify the partial and general equilibrium effects of GATT\\\/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT\\\/WTO membership on trade among member countries is large, positive, and significant. We contribute to the literature by estimating country-specific estimates and find them to vary widely across the countries in our sample with poorer members benefitting more. Using these estimates, we simulate the general equilibrium effects of GATT\\\/WTO on welfare, which are sizable and heterogeneous across members, and relatively small for non-member countries. We show that countries not experiencing positive trade effects from joining GATT\\\/WTO can still gain in terms of welfare, due to lower import prices and higher export demand.<\\\/p><p>KW  - GATT<\\\/p><p>KW  - Welfare<\\\/p><p>KW  - Heterogeneous Policy Effects<\\\/p><p>KW  - WTO<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>On the Heterogeneous Trade and Welfare Effects of GATT\/WTO Membership - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/68991\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the Heterogeneous Trade and Welfare Effects of GATT\/WTO Membership\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/68991\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-20T11:40:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/68991\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/68991\\\/\",\"name\":\"On the Heterogeneous Trade and Welfare Effects of GATT\\\/WTO Membership - 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