European Parliament Library

Russia and the WTO :, The "Gravity" of Outsider Status, Yaroslav Lissovolik, Bogdan Lissovolik

Abstract
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002, we find that Russian exports to WTO members have fallen short of the model's predictions. The paper discusses possible explanations of this result, including Russia's exclusion from various WTO procedures, although own-export restrictions could have a similar effect. The model points to Russia's further trade reorientation toward WTO members after a putative accession. Our results also prompt some ideas that may resolve the recent empirical controversy over the WTO's overall role in promoting trade
Table Of Contents
Contents -- I. Introduction -- II. Russia's Evolving Integration into the World Trading System -- III. Econometric Specification and Data -- IV. Econometric Results -- V. Discussion of the Results -- VI. Concluding Remarks
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (43 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613800381

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