Will International Rules on Subsidies Disrupt the World Trading System?
首次正式分析国际补贴规则对国内生产的影响，指出WTO新增的补贴纪律可能削弱关税谈判作为扩大市场准入机制的作用，对多边贸易体系弊大于利。
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 subsidy disciplines that were added to GATT rules with the creation of the WTO. While GATT subsidy rules were typically viewed as weak and inadequate, our results suggest that 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.