Would a Russian WTO accession increase the country’s export?
(2011) NEKK01 20111Department 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)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1978481
- author
- Larsson Regnström, Elsa LU and Wolff, Ellen
- supervisor
- organization
- course
- NEKK01 20111
- year
- 2011
- 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}}, language = {{eng}}, note = {{Student Paper}}, title = {{Would a Russian WTO accession increase the country’s export?}}, year = {{2011}}, }