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N° 2008-31 |
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| December 2008 |
| Vietnam's Accession to the WTO: Ex-Post Evaluation in a Dynamic Perspective |
Houssein Boumellassa
Hugo Valin |
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| Vietnam’s accession to the World Trade Organisation (WTO) on January 11, 2007 has represented
the outcome of decades of efforts to modernise its economy. In this paper, we propose
a new general equilibrium assessment of Vietnam’s accession to WTO using a dynamic approach
and benefiting from the ex-post perspective offered one year after the membership
acceptation. We rely on a dynamic global model incorporating duty-drawbacks and taking
into account tariff changes at the HS6 level. A particular attention is paid on the sensitivity
to dynamics assumptions and labour market closure. Our results show that gains for Vietnam
linked to WTO accession are positive for trade in merchandises, but highly dependent on the
evolution of textile and apparel sectors, whose exports were boosted by the commitments. |
Non-technical summary  |
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Résumé
non-technique
en français |
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| Full text |
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| Computable general equilibrium model; trade policy; world trade organisation;
Vietnam |
Keywords |
| D58; F13; F15 |
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