The Balance of Concessions in Trade Agreements

01  December 2022    3:30 pm CET

Mostafa Beshkar, Indiana University

In cooperation with:


Online event via Zoom, please register using the registration link below


This presentation is based on a paper co-authored with Pao-Li Chang and Shenxi Song.

Reciprocity is a key principle governing the negotiations under the GATT/WTO agreement, which calls for a balance of concessions among the WTO members. In recent years, however, various politicians across the world have voiced concerns about their country's excessive obligations under the WTO and a lack of reciprocation by their trading partners. Our objective in this paper is to evaluate the degree to which the pattern of applied tariffs across WTO members deviates from a balanced-concession condition. To this end, we employ a quantitative trade model and use alternative definitions of reciprocity to measure the concessions received and given by each country from 1995 to 2011. We find that over time, concessions have become more unbalanced mostly due to an increase in trade imbalances.

The presentation, when available, will be posted after the event

Registration link:

Mostafa Beshkar

Mostafa Beshkar is an Associate Professor of Economics at Indiana University. His research interests center on International Trade, with a special emphasis on trade policy and institutions for international trade cooperation. His articles have appeared in various journals including American Economic Journal-Microeconomics, Journal of International Economics, Journal of Monetary Economics, and International Economic Review. He holds a PhD in Economics from Vanderbilt University.

Related literature:

JEL classification: F13, F15