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Would a Russian WTO accession increase the country’s export?

Larsson Regnström, Elsa LU and Wolff, Ellen (2011) NEKK01 20111
Department of Economics
Abstract
Russia began its accession process to become a member of the GATT, which later turned into the WTO, in 1993, but has not yet become a member. This paper’s ambition is to investigate whether a membership in the WTO would have a positive effect on Russia’s export and if the country would gain from a membership. By using data from, mostly, UN-Comtrade and CEPII, and analyzing how trade flows from a set of countries, which are similar to Russia, to the European Union has changed after a WTO accession, the effect of a WTO membership is isolated and applied to Russia’s bilateral trade. The paper finds that a WTO membership has a positive effect on trade flows and that it increases the trade flows with 12% among its members. These results suggest... (More)
Russia began its accession process to become a member of the GATT, which later turned into the WTO, in 1993, but has not yet become a member. This paper’s ambition is to investigate whether a membership in the WTO would have a positive effect on Russia’s export and if the country would gain from a membership. By using data from, mostly, UN-Comtrade and CEPII, and analyzing how trade flows from a set of countries, which are similar to Russia, to the European Union has changed after a WTO accession, the effect of a WTO membership is isolated and applied to Russia’s bilateral trade. The paper finds that a WTO membership has a positive effect on trade flows and that it increases the trade flows with 12% among its members. These results suggest that Russia’s export will grow bigger with a membership in the WTO, and subsequently that Russia’s bilateral trade would gain from a membership in the WTO. (Less)
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author
Larsson Regnström, Elsa LU and Wolff, Ellen
supervisor
organization
course
NEKK01 20111
year
type
M2 - Bachelor Degree
subject
keywords
WTO, Russia, bilateral trade, gravity model, EU, accession
language
English
id
1978481
date added to LUP
2011-06-16 13:52:42
date last changed
2011-06-16 13:52:42
@misc{1978481,
  abstract     = {Russia began its accession process to become a member of the GATT, which later turned into the WTO, in 1993, but has not yet become a member. This paper’s ambition is to investigate whether a membership in the WTO would have a positive effect on Russia’s export and if the country would gain from a membership. By using data from, mostly, UN-Comtrade and CEPII, and analyzing how trade flows from a set of countries, which are similar to Russia, to the European Union has changed after a WTO accession, the effect of a WTO membership is isolated and applied to Russia’s bilateral trade. The paper finds that a WTO membership has a positive effect on trade flows and that it increases the trade flows with 12% among its members. These results suggest that Russia’s export will grow bigger with a membership in the WTO, and subsequently that Russia’s bilateral trade would gain from a membership in the WTO.},
  author       = {Larsson Regnström, Elsa and Wolff, Ellen},
  keyword      = {WTO,Russia,bilateral trade,gravity model,EU,accession},
  language     = {eng},
  note         = {Student Paper},
  title        = {Would a Russian WTO accession increase the country’s export?},
  year         = {2011},
}