Robert Staiger (Dartmouth Professor of Economics) will present:
"Quantitative Analysis of Multi-Party Tariff Negotiations"
at 12:15pm on Tuesday, October 3, 2017 in (051 Buchanan) Volanakis - TUCK

Lunch will be served at noon.

If you will be attending the Lunch Seminar please RSVP to Doreen Aher at TUCK so she can order the appropriate amount of food.

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Abstract:

This paper develops a model of international tariff negotiations to study the design of the institutional rules of the GATT/WTO. We embed a multi-sector model of trade between multiple countries into a model of inter-connected bilateral negotiations over tariffs. We estimate country-sector productivity levels, sector-level productivity dispersion, iceberg trade costs, and country-pair bargaining parameters. We use the estimated model to simulate alternative institutional rules in tariff negotiations such as abandoning the most-favored-nation requirement.

Paper will be available at a later date.