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 WTO dispute settlement. It characterizes the scope of products, as well as the levels of and changes to the trade values, market shares, volumes, and prices f...

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Main Authors:	Bown, Chad P., Reynolds, Kara M.
Format:	Journal Article
Language:	en_US
Published:	Springer 2014
Subjects:	dispute settlement WTO trade agreements
Online Access:	http://hdl.handle.net/10986/20539

id	okr-10986-20539
recordtype	oai_dc
spelling	okr-10986-205392021-04-23T14:03:56Z Trade Flows and Trade Disputes Bown, Chad P. Reynolds, Kara M. dispute settlement WTO trade agreements This paper introduces a new data set and establishes a set of basic facts and patterns regarding the ‘trade’ that countries fight about under WTO dispute settlement. It 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: e.g., 14% of cases over disputed import products feature bilateral trade that is less than $1 million per year, and another 15% 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, while the respondent’s imposition of an allegedly WTO-inconsistent policy is associated with reductions, on average, to trade values, volumes and exporter-received prices, there is some evidence of differences in the size of these changes across both 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. 2014-11-18T19:54:55Z 2014-11-18T19:54:55Z 2014-11-09 Journal Article The Review of International Organizations 1559-744X http://hdl.handle.net/10986/20539 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Springer Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	dispute settlement WTO trade agreements
spellingShingle	dispute settlement WTO trade agreements Bown, Chad P. Reynolds, Kara M. Trade Flows and Trade Disputes
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 WTO dispute settlement. It 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: e.g., 14% of cases over disputed import products feature bilateral trade that is less than $1 million per year, and another 15% 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, while the respondent’s imposition of an allegedly WTO-inconsistent policy is associated with reductions, on average, to trade values, volumes and exporter-received prices, there is some evidence of differences in the size of these changes across both 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	Journal Article
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	Springer
publishDate	2014
url	http://hdl.handle.net/10986/20539
_version_	1764445772407898112

Trade Flows and Trade Disputes

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