Trade Flows and Trade Disputes
This paper introduces a new data set and establishes a set of basic facts and patterns regarding the trade that countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as well as...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank Group, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/07/19894128/trade-flows-trade-disputes http://hdl.handle.net/10986/19343 |
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okr-10986-19343 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGREEMENT ON SUBSIDIES ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING DUTY AVERAGE PRICE BENCHMARK BENCHMARKS BILATERAL IMPORTS BILATERAL TRADE BILATERAL TRADE DATA CHANGES IN TRADE COMMODITIES CONCESSIONS COST STRUCTURE COUNTERVAILING DUTIES COUNTERVAILING MEASURES COUNTRY MARKET COUNTRY MARKETS CUSTOMS CUSTOMS UNION DEMAND CURVE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DISPUTE SETTLEMENT DISPUTE SETTLEMENT PROCEDURES DISPUTE SETTLEMENT PROCESS DISPUTE SETTLEMENT SYSTEM DOLLAR VALUE DOLLAR VALUES DUMPING DUMPING MARGIN ECONOMIC DEVELOPMENT ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EUROPEAN UNION EXCHANGE RATES EXPORT POLICY EXPORT PRICE EXPORT PRICES EXPORT SUBSIDIES EXPORT SUPPLY EXPORT VOLUMES EXPORTERS EXPORTING COUNTRIES EXPORTING COUNTRY EXPORTS EXTERNALITIES EXTERNALITY FINANCIAL SUPPORT FIXED COST FOREIGN MARKET FOREIGN PRODUCERS FOREIGN SOURCES FORMAL ANALYSIS FREE RIDERS FUTURE RESEARCH GLOBAL POLICIES GROWTH RATES IMPORT DUTY IMPORT POLICIES IMPORT POLICY IMPORT PRICES IMPORT PRODUCTS IMPORT PROTECTION IMPORT VALUE IMPORTED PRODUCTS IMPORTING COUNTRIES IMPORTING COUNTRY INCOME INCOME LEVELS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL LAW INTERNATIONAL TRADE INTERNATIONAL TRADE LAW LEGAL ASPECTS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MARKET ACCESS MARKET ENTRY MARKET POWER MARKET SHARE MARKET SHARES MERCHANDISE NATIONAL TREATMENT OPTIMAL TARIFFS PANEL REPORT PANEL STAGE PARTICULAR COUNTRY POLICY RESEARCH POLITICAL ECONOMY POSITIVE EXTERNALITIES POTENTIAL DECLINES PRICE CHANGE PRICE CHANGES PRICE DEFLATOR PRICE INCREASE PRICE LEVELS PRODUCT MARKETS RECIPROCAL REDUCTION REMEDIES SAFEGUARD MEASURES SALES SMALL COUNTRIES SPECIALIZATION SUPPLIER SUPPLY ELASTICITY TAX TERMS OF TRADE TRADE AGREEMENTS TRADE BARRIERS TRADE DATA TRADE DISPUTE TRADE DISPUTES TRADE DIVERSION TRADE EFFECTS TRADE FLOW DATA TRADE FLOWS TRADE NEGOTIATORS TRADE PATTERNS TRADE POLICY TRADE PREFERENCE TRADE REMEDIES TRADE RULES TRADE SYSTEM TRADE VALUES TRADE VARIABLES TRADE VOLUMES URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO |
| spellingShingle |
AGREEMENT ON SUBSIDIES ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING DUTY AVERAGE PRICE BENCHMARK BENCHMARKS BILATERAL IMPORTS BILATERAL TRADE BILATERAL TRADE DATA CHANGES IN TRADE COMMODITIES CONCESSIONS COST STRUCTURE COUNTERVAILING DUTIES COUNTERVAILING MEASURES COUNTRY MARKET COUNTRY MARKETS CUSTOMS CUSTOMS UNION DEMAND CURVE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DISPUTE SETTLEMENT DISPUTE SETTLEMENT PROCEDURES DISPUTE SETTLEMENT PROCESS DISPUTE SETTLEMENT SYSTEM DOLLAR VALUE DOLLAR VALUES DUMPING DUMPING MARGIN ECONOMIC DEVELOPMENT ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EUROPEAN UNION EXCHANGE RATES EXPORT POLICY EXPORT PRICE EXPORT PRICES EXPORT SUBSIDIES EXPORT SUPPLY EXPORT VOLUMES EXPORTERS EXPORTING COUNTRIES EXPORTING COUNTRY EXPORTS EXTERNALITIES EXTERNALITY FINANCIAL SUPPORT FIXED COST FOREIGN MARKET FOREIGN PRODUCERS FOREIGN SOURCES FORMAL ANALYSIS FREE RIDERS FUTURE RESEARCH GLOBAL POLICIES GROWTH RATES IMPORT DUTY IMPORT POLICIES IMPORT POLICY IMPORT PRICES IMPORT PRODUCTS IMPORT PROTECTION IMPORT VALUE IMPORTED PRODUCTS IMPORTING COUNTRIES IMPORTING COUNTRY INCOME INCOME LEVELS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL LAW INTERNATIONAL TRADE INTERNATIONAL TRADE LAW LEGAL ASPECTS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MARKET ACCESS MARKET ENTRY MARKET POWER MARKET SHARE MARKET SHARES MERCHANDISE NATIONAL TREATMENT OPTIMAL TARIFFS PANEL REPORT PANEL STAGE PARTICULAR COUNTRY POLICY RESEARCH POLITICAL ECONOMY POSITIVE EXTERNALITIES POTENTIAL DECLINES PRICE CHANGE PRICE CHANGES PRICE DEFLATOR PRICE INCREASE PRICE LEVELS PRODUCT MARKETS RECIPROCAL REDUCTION REMEDIES SAFEGUARD MEASURES SALES SMALL COUNTRIES SPECIALIZATION SUPPLIER SUPPLY ELASTICITY TAX TERMS OF TRADE TRADE AGREEMENTS TRADE BARRIERS TRADE DATA TRADE DISPUTE TRADE DISPUTES TRADE DIVERSION TRADE EFFECTS TRADE FLOW DATA TRADE FLOWS TRADE NEGOTIATORS TRADE PATTERNS TRADE POLICY TRADE PREFERENCE TRADE REMEDIES TRADE RULES TRADE SYSTEM TRADE VALUES TRADE VARIABLES TRADE VOLUMES URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO Bown, Chad P. Reynolds, Kara M. Trade Flows and Trade Disputes |
| relation |
Policy Research Working Paper;No. 6979 |
| description |
This paper introduces a new data set and
establishes a set of basic facts and patterns regarding the
trade that countries fight about under World Trade
Organization (WTO) dispute settlement. The paper
characterizes the scope of products, as well as the levels
of and changes to the trade values, market shares, volumes,
and prices for those goods that eventually become subject to
WTO litigation. The first result is striking heterogeneity
in the level of market access at stake across disputes: for
example, 14 percent of cases over disputed import products
feature bilateral trade that is less than $1 million per
year and another 15 percent feature bilateral trade that is
more than $1 billion per year. Nevertheless, some strong
patterns emerge from a more detailed examination of the
data. Both high- and low-income complainants tend to suffer
important losses in foreign market access in the products
that ultimately become subject to dispute. Furthermore,
although the respondent's imposition of an allegedly
WTO-inconsistent policy is associated with reductions, on
average, in trade values, volumes, and exporter-received
prices, there is some evidence of differences in the size of
these changes across the different types of policies under
dispute and the potential exporter country litigants.
Finally, these different types of policies under dispute can
have dissimilar trade effects for the complainant relative
to other (non-complainant) exporters of the disputed product
and this is likely to affect the litigation allegiance of
third countries. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Bown, Chad P. Reynolds, Kara M. |
| author_facet |
Bown, Chad P. Reynolds, Kara M. |
| author_sort |
Bown, Chad P. |
| title |
Trade Flows and Trade Disputes |
| title_short |
Trade Flows and Trade Disputes |
| title_full |
Trade Flows and Trade Disputes |
| title_fullStr |
Trade Flows and Trade Disputes |
| title_full_unstemmed |
Trade Flows and Trade Disputes |
| title_sort |
trade flows and trade disputes |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/07/19894128/trade-flows-trade-disputes http://hdl.handle.net/10986/19343 |
| _version_ |
1764443779320774656 |
| spelling |
okr-10986-193432021-04-23T14:03:52Z Trade Flows and Trade Disputes Bown, Chad P. Reynolds, Kara M. AGREEMENT ON SUBSIDIES ANTIDUMPING ANTIDUMPING DUTIES ANTIDUMPING DUTY AVERAGE PRICE BENCHMARK BENCHMARKS BILATERAL IMPORTS BILATERAL TRADE BILATERAL TRADE DATA CHANGES IN TRADE COMMODITIES CONCESSIONS COST STRUCTURE COUNTERVAILING DUTIES COUNTERVAILING MEASURES COUNTRY MARKET COUNTRY MARKETS CUSTOMS CUSTOMS UNION DEMAND CURVE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DISPUTE SETTLEMENT DISPUTE SETTLEMENT PROCEDURES DISPUTE SETTLEMENT PROCESS DISPUTE SETTLEMENT SYSTEM DOLLAR VALUE DOLLAR VALUES DUMPING DUMPING MARGIN ECONOMIC DEVELOPMENT ECONOMIC OUTCOMES ECONOMIC RESEARCH ECONOMIC THEORY EUROPEAN UNION EXCHANGE RATES EXPORT POLICY EXPORT PRICE EXPORT PRICES EXPORT SUBSIDIES EXPORT SUPPLY EXPORT VOLUMES EXPORTERS EXPORTING COUNTRIES EXPORTING COUNTRY EXPORTS EXTERNALITIES EXTERNALITY FINANCIAL SUPPORT FIXED COST FOREIGN MARKET FOREIGN PRODUCERS FOREIGN SOURCES FORMAL ANALYSIS FREE RIDERS FUTURE RESEARCH GLOBAL POLICIES GROWTH RATES IMPORT DUTY IMPORT POLICIES IMPORT POLICY IMPORT PRICES IMPORT PRODUCTS IMPORT PROTECTION IMPORT VALUE IMPORTED PRODUCTS IMPORTING COUNTRIES IMPORTING COUNTRY INCOME INCOME LEVELS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL LAW INTERNATIONAL TRADE INTERNATIONAL TRADE LAW LEGAL ASPECTS LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMY MARKET ACCESS MARKET ENTRY MARKET POWER MARKET SHARE MARKET SHARES MERCHANDISE NATIONAL TREATMENT OPTIMAL TARIFFS PANEL REPORT PANEL STAGE PARTICULAR COUNTRY POLICY RESEARCH POLITICAL ECONOMY POSITIVE EXTERNALITIES POTENTIAL DECLINES PRICE CHANGE PRICE CHANGES PRICE DEFLATOR PRICE INCREASE PRICE LEVELS PRODUCT MARKETS RECIPROCAL REDUCTION REMEDIES SAFEGUARD MEASURES SALES SMALL COUNTRIES SPECIALIZATION SUPPLIER SUPPLY ELASTICITY TAX TERMS OF TRADE TRADE AGREEMENTS TRADE BARRIERS TRADE DATA TRADE DISPUTE TRADE DISPUTES TRADE DIVERSION TRADE EFFECTS TRADE FLOW DATA TRADE FLOWS TRADE NEGOTIATORS TRADE PATTERNS TRADE POLICY TRADE PREFERENCE TRADE REMEDIES TRADE RULES TRADE SYSTEM TRADE VALUES TRADE VARIABLES TRADE VOLUMES URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WORLD TRADING SYSTEM WTO This paper introduces a new data set and establishes a set of basic facts and patterns regarding the trade that countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as well as the levels of and changes to the trade values, market shares, volumes, and prices for those goods that eventually become subject to WTO litigation. The first result is striking heterogeneity in the level of market access at stake across disputes: for example, 14 percent of cases over disputed import products feature bilateral trade that is less than $1 million per year and another 15 percent feature bilateral trade that is more than $1 billion per year. Nevertheless, some strong patterns emerge from a more detailed examination of the data. Both high- and low-income complainants tend to suffer important losses in foreign market access in the products that ultimately become subject to dispute. Furthermore, although the respondent's imposition of an allegedly WTO-inconsistent policy is associated with reductions, on average, in trade values, volumes, and exporter-received prices, there is some evidence of differences in the size of these changes across the different types of policies under dispute and the potential exporter country litigants. Finally, these different types of policies under dispute can have dissimilar trade effects for the complainant relative to other (non-complainant) exporters of the disputed product and this is likely to affect the litigation allegiance of third countries. 2014-08-15T14:26:45Z 2014-08-15T14:26:45Z 2014-07 http://documents.worldbank.org/curated/en/2014/07/19894128/trade-flows-trade-disputes http://hdl.handle.net/10986/19343 English en_US Policy Research Working Paper;No. 6979 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |