TY  - JOUR
AU  - Ossa,Ralph
TI  - A 'New Trade' Theory of GATT/WTO Negotiations
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 16388
PY  - 2010
Y2  - September 2010
UR  - http://www.nber.org/papers/w16388
L1  - http://www.nber.org/papers/w16388.pdf
N1  - Author contact info:
Ralph Ossa
University of Chicago
Booth School of Business
5807 South Woodlawn Avenue
Chicago, IL 60637
Tel: 773/702-8907
E-Mail: ralph.ossa@chicagobooth.edu
AB  - I suggest a novel theory of GATT/WTO negotiations based on the Krugman (1980) "new trade" model. It emphasizes international production relocations and is easy to calibrate to bilateral trade data. Focusing on the major players in recent GATT/WTO negotiations, I find that it implies reasonable noncooperative tariffs as well as moderate gains from GATT/WTO negotiations.
ER  -