Abstract
This study investigates the predictors of the trade disputes initiated during the period 1948-2014. It introduces a
novelty in terms of a new data set on trade disputes that among other harmonizes the GATT disputes and the
WTO disputes in a uniform format. Probit estimations with five different models viz: bilateral trade gravity,
trade capacity, human capacity, polity, and tariffs are used to predict the likelihood of disputes over the past 66
years. Thereby, the study provides insight into whether the transformation into the WTO from the GATT has
changed the predictors of the dispute determination to the advantage of the lower income countries to overcome
the potential retaliatory threat of the respondents. The results show a significant role of income of a respondent
country as the predictor of dispute incidence.
novelty in terms of a new data set on trade disputes that among other harmonizes the GATT disputes and the
WTO disputes in a uniform format. Probit estimations with five different models viz: bilateral trade gravity,
trade capacity, human capacity, polity, and tariffs are used to predict the likelihood of disputes over the past 66
years. Thereby, the study provides insight into whether the transformation into the WTO from the GATT has
changed the predictors of the dispute determination to the advantage of the lower income countries to overcome
the potential retaliatory threat of the respondents. The results show a significant role of income of a respondent
country as the predictor of dispute incidence.
| Original language | English |
|---|---|
| Publication status | Unpublished - 2017 |
| Event | European Trade Study Group - Robert Schuman Centre for Advanced Studies at the European University Institute and the University of Florence, Florence, Italy Duration: 14-Sept-2017 → 16-Sept-2017 Conference number: 19 |
Conference
| Conference | European Trade Study Group |
|---|---|
| Country/Territory | Italy |
| City | Florence |
| Period | 14/09/2017 → 16/09/2017 |