期刊名称:Discussion Paper Series / Department of Economics, New York University
出版年度:2005
卷号:1
出版社:New York University
摘要:We provide a first formal analysis of the international rules that govern the use of subsidies to
domestic production. Our analysis highlights the impact of the new disciplines on subsidies that
were added to GATT rules with the creation of the WTO. Our results suggest that, although GATT
subsidy rules were typically viewed as weak and inadequate while the WTO subsidy rules are seen
as representing a significant strengthening of multilateral disciplines on subsidies, the key changes
introduced by the WTO subsidy rules may ultimately do more harm than good to the multilateral
trading system, by undermining the ability of tariff negotiations to serve as the mechanism for
expanding market access to more efficient levels.