Why Do Trade Negotiations Take So Long?

• 영문명: Why Do Trade Negotiations Take So Long?
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Christoph Moser Andrew K. Rose
• 간행물 정보: 『Journal of Economic Integration』제27권 제2호, 280~290쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2012.06.30

영문 초록

The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 and 2009, and a semi-parametric Cox proportional hazards model. Four factors are robust determinants of the length of RTA negotiations. Negotiations are more protracted when there are more countries at the negotiation table, and when the countries are not from the same region. Negotiations between more open and richer countries also finish more quickly.

목차

Ⅰ. Introduction

Ⅱ. Methodology and Data

Ⅲ. Key Results

Ⅳ. Sensitivity Analysis

Ⅴ. Summary and Conclusion

키워드

Regional GATT WTO Duration Income Data Empirical Cox Survival