Vietnam’s Accession to the WTO: Lessons from Past Trade Agreements
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Vietnam’s Accession to the WTO : Lessons from Past Trade Agreements. / Abbott, Philip; Bentzen, Jeanet; Tarp, Finn.
Cph. : Department of Economics, University of Copenhagen, 2007.Research output: Working paper › Research
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RIS
TY - UNPB
T1 - Vietnam’s Accession to the WTO
T2 - Lessons from Past Trade Agreements
AU - Abbott, Philip
AU - Bentzen, Jeanet
AU - Tarp, Finn
N1 - JEL Classification: F13, F14, O24, O53
PY - 2007
Y1 - 2007
N2 - This paper examines Vietnam’s experience with bilateral trade agreements and compares subsequent outcomes with predictions from existing computable general equilibrium (CGE) models. Those model based assessments have greatly underestimated the impact of past agreements. Tariff reform is not the main factor driving economic adjustments, and market imperfections mean there is potential for greater output and trade expansion. The key questions to ask in future research are what critical new institutional reforms WTO accession will bring, and what incentives will be put in place to determine the evolution ofinvestment by sector
AB - This paper examines Vietnam’s experience with bilateral trade agreements and compares subsequent outcomes with predictions from existing computable general equilibrium (CGE) models. Those model based assessments have greatly underestimated the impact of past agreements. Tariff reform is not the main factor driving economic adjustments, and market imperfections mean there is potential for greater output and trade expansion. The key questions to ask in future research are what critical new institutional reforms WTO accession will bring, and what incentives will be put in place to determine the evolution ofinvestment by sector
KW - Faculty of Social Sciences
KW - trade liberalization
KW - bilateral trade agreements
KW - WTO
KW - Vietnam
M3 - Working paper
BT - Vietnam’s Accession to the WTO
PB - Department of Economics, University of Copenhagen
CY - Cph.
ER -
ID: 389755