TY - JOUR ID - 27277 TI - WTO Accessing Negotiations and Economic Growth: Dynamic Panel Data (Panel GMM) Approach JO - Iranian Journal of Trade Studies JA - IJTS LA - en SN - 1735-0794 AU - shakeri, abbas AU - FATHI, YAHYA AD - AD - Senion consultant/ the Institute for Trade Studies and Research Y1 - 2017 PY - 2017 VL - 21 IS - 83 SP - 135 EP - 182 KW - "Trade Negotiations" KW - "World Trade Organization (WTO)" KW - "Economic Growth" KW - "Openness" KW - "Dynamic Panel Data (Panel GMM)" DO - N2 - Abstract Membership in the World Trade Organization (WTO) is one of the most important economic challenges of Iran, after removal of international sanctions. The aim of this paper is to investigate the potential effects of trade negotiations process and WTO membership on economic growth, by exploring and simulating on acceded countries experiences. To this end, we estimated an endogenous economic growth model, using longitudinal data from 179 countries during 1980 and 2015, with dynamic panel data and instrumental variables (Panel GMM) approach. We conclude that there is likely to be a positive and significant relationship between economic growth and WTO accessing negotiation process, as well as WTO membership. It means that, the effects of accession to the WTO on economic growth is not limited to the period after the full membership, but also the process of accession negotiations - because of required reforms in the economic institutions and policies - affect the country's economic growth too. UR - https://pajooheshnameh.itsr.ir/article_27277.html L1 - https://pajooheshnameh.itsr.ir/article_27277_20d864161131397c1b8955943935b3cc.pdf ER -