Martin Gassebner ETH Zurich
Alexander Keck WTO
Robert Teh WTO
Manuscript date: March 2006
International trade, disasters, gravity model, governance
JEL classification numbers
F14, P52, P48, C23
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This is a working paper, and hence it represents research in progress. This paper represents the opinions of the authors, and is the product of professional research. It is not meant to represent the position or opinions of the WTO or its Members, nor the official position of any staff members. Any errors are the fault of the authors. Copies of working papers can be requested from the divisional secretariat by writing to: Economic Research and Statistics Division, World Trade Organization, Rue de Lausanne 154, CH 1211 Geneva 21, Switzerland. Please request papers by number and title.
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World Trade Organization
Manuscript date: April 1997
Abstract Back to top
The WTO has increased international disciplines on export policy, but there is still scope for the use of export subsidies and other measures to promote exports. Under macroeconomic and trade reforms of the last decade, many countries have reduced or eliminated import measures which operate as an implicit tax on their own exports. While more needs to be done in this regard, various export promotion measures other than subsidies may be useful as a transitional device for countries which are proceeding in a phased manner towards more outward oriented policies. It is also important to identify and eliminate internal constraints to export, including fiscal burdens and bureaucratic procedures. Such efforts can be complemented by continued efforts to open external markets in trade negotiations. However, trade liberalization and domestic deregulation also contribute to efforts to increase productivity, which together with macroeconomic stabilization programmes, help maintain a realistic, stable real exchange rate that is so crucial to a successful export effort.
Keywords Back to top
WTO; export promotion, developing countries, dumping, subsidies.
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