What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization
---- Acknowledgements -----
This paper has benefitted from the helpful comments of Richard Baldwin, Chad Bown, Penny Goldberg, Nuno Limao, and seminar participants at UC-Berkeley, UC-San Diego and the NBER 2006 Summer Institute. We thank Hiau Looi Kee for providing us with access to the detailed estimates of ad valorem equivalent NTB measures generated in Kee, Nicita and Olarreaga (2006), Robert Feenstra for making available to us his data on processing versus ordinary trade for China, and Cato Adrian of the WTO Secretariat for help with many data questions. Finally, we thank Alan Spearot for outstanding research assistance, Chia Hui Lu for early help with the data, and the NSF (SES-0518802) for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.