A 'New Trade' Theory of GATT/WTO Negotiations

I am grateful to the editor Sam Kortum and two anonymous referees. I would also like to thank Pol Antras, Kyle Bagwell, Gene Grossman, Chang-Tai Hsieh, Stephen Redding, Frederic Robert-Nicoud, John Romalis, Robert Staiger, and seminar participants at the LSE, Princeton University, WHU Koblenz, MPI Bonn, Oxford University, Columbia University, SSE Stockholm, IFN Stockholm, Munich University, UBC, University of Chicago, University of Toronto, UC San Diego, UC Berkeley, Yale University, IIES Stockholm, CREI/UPF Barcelona, University of Michigan, UCLA, LBS, the 2008 REStud Tour, the 2008 NBER ITI summer institute, Georgetown University, and the World Bank for very helpful comments and discussions. The usual disclaimer applies. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.