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Syracuse University

2014

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Syracuse Journal Of International Law And Commerce - Volume 42, No. 1 (Complete) Jan 2014

Syracuse Journal Of International Law And Commerce - Volume 42, No. 1 (Complete)

Syracuse Journal of International Law and Commerce

No abstract provided.


Curtailing Subsidy Wars In Global Trade: Revisiting The Economics Of World Trade Organization Law On Subsidies, Sacchidananda Mukherjee, Debashis Chakraborty, Julien Chaisse Jan 2014

Curtailing Subsidy Wars In Global Trade: Revisiting The Economics Of World Trade Organization Law On Subsidies, Sacchidananda Mukherjee, Debashis Chakraborty, Julien Chaisse

Syracuse Journal of International Law and Commerce

The positive influence of subsidies on merchandise exports is well known from international trade theory literature. However, the empirical evidence on the relationship itself remains ambiguous. This article fills a gap in the existing pool of research by conducting a panel data empirical analysis over two decades for 140 countries to understand the relationship between their overall budgetary subsidies and aggregate merchandise export inclination. The detailed research findings of this paper underline the importance of going beyond the "Bali Package" agreed in December 2013 and concluding the Doha Round Negotiations of the World Trade Organization ("WTO"). The outline for the …