IMF-致力于增长：加入WTO的全面影响（英）

Committing to Grow The Full Impact of WTO Accessions André Brotto, Adam Jakubik, Roberta Piermartini, Fulvio Silvy WP/24/207 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. 2024 SEP *André Brotto is at University of St. Gallen, Adam Jakubik at the IMF, Roberta Piermartini at WTO, and Fulvio Silvy at University ofGeneva. We thank Dimitar Bratanov, Gabrielle Marceau, Monika Mrázová, Martin Sommer, Marcelo Olarreaga, Ralph Ossa,Zsofia Tvarusko, and Dayong Yu for their useful comments at different stages of this research. The views expressed in this paperare those of the authors. They do not necessarily represent the views of the IMF, its Executive Board, or IMF management. Theydo not represent the positions or opinions of the WTO or its members and are without prejudice to members' rights and obligationsunder the WTO. Any errors are attributable to the authors.© 2024 International Monetary Fund WP/24/207IMF Working Paper Strategy, Policy & Review Committing to Grow: The Full Impact of WTO Accessions Prepared by André Brotto, Adam Jakubik, Roberta Piermartini, and Fulvio Silvy* Authorized for distribution by Martin Sommer September 2024 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. ABSTRACT: This paper studies the impact of the process of accession to the WTO on growth rates in a sample of 150 economies. Unlike GATT-era accessions, WTO accessions involve reforms that extend beyond conventional trade liberalization measures. Using information on the pace of negotiations and requests in the working party's meetings, we construct an index that tracks the progress of reforms in the pre-accession period. We estimate that economies that implemented reforms and made deeper commitments during their WTO accession negotiations grew on average 1.5 percentage points faster than they otherwise would have. These results are robust to instrumental variable estimation and falsification tests. JEL Classification Numbers: F14; F43; F62 Keywords: WTO accession; structural reforms; trade and growth Author’s E-Mail Address: ajakubik@imf.org WORKING PAPERS Committing to Grow The Full Impact of WTO Accessions Prepared by André Brotto, Adam Jakubik, Roberta Piermartini, and Fulvio Silvy1 1André Brotto is at University of St. Gallen, Adam Jakubik at the IMF, Roberta Piermartini at WTO, and Fulvio Silvy at University of Geneva. We thank Dimitar Bratanov, Gabrielle Marceau, Monika Mrázová, Martin Sommer, Marcelo Olarreaga, Ralph Ossa, Zsofia Tvarusko, and Dayong Yu for their useful comments at d