Register  |  Login  |  Inquiries  |  Sitemap |  
Advanced Search
Journal of Economic Integration 2019 September;34(3) :546-589.
DOI: https://doi.org/10.11130/jei.2019.34.3.546
Natural Resources Endowment and WTO

Louai SOUKAR 

University of Bordeaux, France, Laboratoire d’Analyse et de Recherche en Economie et Finances Internationales (Larefi), France
Corresponding Author: Louai SOUKAR ,Email: louai.soukar@u-bordeaux.fr
Copyright ©2019 Journal of Economic Integration
ABSTRACT
The objective of the study is to investigate the asymmetric impact of the World Trade Organization (WTO) across developing countries. We also demonstrate the lack of homogeneity between these countries in terms of their market growth and their dependence on natural resources. Empirically, we classified our sample of countries into categories using cluster analysis, and we relied on the gravity models to estimate the effects of WTO. We found that emerging resource-rich countries most significantly benefit from their accession to the organization. However, regional integration and bilateral agreements benefit non-emerging resource-rich countries. Although resource-poor countries have received uneven benefits from WTO accession, non-emerging resource-poor countries have benefited more from accession. However, regional integration is an appropriate trade strategy for both resource-poor categories, and generalized system of preferences (GSP) benefit the non-emerging markets. Finally, accession to WTO does not increase trade in natural resources for any specific category of countries discussed in this study.

JEL Classification
F13: Trade Policy; International Trade Organizations
F15: Economic Integration
Keywords: WTO | Natural resources | Gravity model
TOOLS
PDF Links  PDF Links
Full text via DOI  Full text via DOI
Download Citation  Download Citation
Supplement  Supplement
  E-Mail
  Print
Share:      
METRICS
0
Crossref
0
Scopus
1,596
View
92
Download
Editorial Office
Center for Economic Integration, Sejong University, 209, Neungdong-Ro, Gwangjin-Gu,
Seoul, 05006, Korea
TEL : +82-2-3408-3338    FAX : +82-2-6935-2492   E-mail : jei@sejong.ac.kr
Browse Articles |  Current Issue |  For Authors and Reviewers |  About
Copyright© by Center for Economic Integration.      Developed in M2PI