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Contributions of the GATT/WTO to global economic welfare: empirical evidence

Anderson, Kym


This paper surveys estimates of the value of the GATT/WTO's contributions to global welfare through providing a forum for negotiating reductions in policy-induced distortions to trade flows, including through the process of accession by new members. After reviewing measures of the price-distorting effects of trade-related policies, it assesses estimates from global simulation models of the welfare effects of trade liberalizations prior to the WTO's Doha round, including the net benefits and...[Show more]

CollectionsANU Research Publications
Type: Journal article
Source: Journal of Economic Surveys
DOI: 10.1111/joes.12087


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