Assessing the possibility of winning a WTO dispute before being involved
| dc.contributor.author | Klishch, Nikolai | |
| dc.contributor.author | Larionov, Alexander | |
| dc.date.accessioned | 2023-01-13T14:07:32Z | |
| dc.date.available | 2023-01-13T14:07:32Z | |
| dc.date.issued | 2022-12-28 | |
| dc.description.abstract | Purpose: This article focuses on whether there is a chance to win a World Trade Organization (WTO) trade dispute at the consultation stage. The study suggests an approach to resolving trade disputes on a bilateral level before involving formal WTO resolution procedures. Design/methodology/approach: The model describes the determinants of the probability of winning a trade dispute. The econometric model estimates two different groups of factors available during the consultation period – macroeconomic factors and the institutional features of the trade dispute, such as the number of third parties. The data includes WTO trade disputes from 1995 to 2014. Findings: The suggested model predicts the result of trade disputes with a probability of 76.64%. The research proves that institutional factors such as the number of third parties and the subject of the trade dispute influence the probability of winning. Practical implications: The results of the study help predict the probability of winning a trade dispute at the consultation stage so that countries can decide whether to pursue a trade dispute. Originality/value: The research presents several new hypotheses on the results of trade disputes. The authors show that the higher the number of countries involved, the higher the chance of the complainant winning and that if major parties such as the US or the European Union (EU) are involved as third parties, the chance of the complainant winning increases. | en_EN |
| dc.description.abstract | Propósito: Este artículo se centra en si existe la posibilidad de ganar una disputa comercial de la Organización Mundial del Comercio (OMC) en la etapa de consulta. El estudio sugiere un enfoque para resolver disputas comerciales a nivel bilateral antes de involucrar procedimientos formales de resolución en la OMC. Diseño/metodología/enfoque: El modelo describe los determinantes de la probabilidad de ganar una disputa comercial. El modelo econométrico estima dos grupos diferentes de factores disponibles durante el período de consulta: factores macroeconómicos y las características institucionales de la disputa comercial, como el número de terceros. Los datos incluyen disputas comerciales de la OMC de 1995 a 2014. Hallazgos: El modelo sugerido predice el resultado de las disputas comerciales con una probabilidad del 76,64%. La investigación demuestra que factores institucionales como el número de terceros y el tema de la disputa comercial influyen en la probabilidad de ganar. Implicaciones prácticas: Los resultados del estudio ayudan a predecir la probabilidad de ganar una disputa comercial en la etapa de consulta para que los países puedan decidir si continúan con una disputa comercial. Originalidad/valor: La investigación presenta varias hipótesis nuevas sobre los resultados de las disputas comerciales. Los autores muestran que cuanto mayor es el número de países involucrados, mayores son las posibilidades de que el demandante gane y que si partidos importantes como Estados Unidos o la Unión Europea (UE) participan como terceros, las posibilidades de que el demandante gane aumentan. | es_ES |
| dc.identifier | https://revistas.esan.edu.pe/index.php/jefas/article/view/629 | |
| dc.identifier.citation | Klishch, N. , & Larionov, A. (2022). Assessing the possibility of winning a WTO dispute before being involved. Journal of Economics, Finance and Administrative Science, 27(54), 202–218. https://doi.org/10.1108/JEFAS-08-2020-0301 | |
| dc.identifier.doi | https://doi.org/10.1108/JEFAS-08-2020-0301 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12640/3279 | |
| dc.language.iso | eng | |
| dc.publisher | Universidad ESAN. ESAN Ediciones | |
| dc.publisher.country | PE | |
| dc.relation.ispartof | urn:issn:2218-0648 | |
| dc.relation.uri | https://revistas.esan.edu.pe/index.php/jefas/article/view/629/514 | |
| dc.rights | info:eu-repo/semantics/openAccess | es_ES |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0 | |
| dc.subject | WTO | en_EN |
| dc.subject | Trade disputes | en_EN |
| dc.subject | Dispute settlement | en_EN |
| dc.subject | Tariffs | en_EN |
| dc.subject | Macroeconomic factors | en_EN |
| dc.subject | Trade policy | en_EN |
| dc.subject | OMC | es_ES |
| dc.subject | Disputas comerciales | es_ES |
| dc.subject | Solución de diferencias | es_ES |
| dc.subject | Aranceles | es_ES |
| dc.subject | Factores macroeconómicos | es_ES |
| dc.subject | Política comercial | es_ES |
| dc.subject.ocde | https://purl.org/pe-repo/ocde/ford#5.02.04 | |
| dc.title | Assessing the possibility of winning a WTO dispute before being involved | en_EN |
| dc.type | info:eu-repo/semantics/article | |
| dc.type.other | Artículo | |
| dc.type.version | info:eu-repo/semantics/publishedVersion | |
| oaire.citation.endPage | 218 | |
| oaire.citation.issue | 54 | |
| oaire.citation.startPage | 202 | |
| oaire.citation.title | Journal of Economics, Finance and Administrative Science | |
| oaire.citation.volume | 27 |
