A Study of the Impact of Joining WTO on Export of Chemical Industry in Iran (Case Study: Pharmaceutical Products)

Subject Areas :

Sahar Shokri ¹ , Oranus Parivar ² , Bijan Safavi ³

1 - M.A. Student, Islamic Azad University, South Branch
2 - Assistant Professor of Economics, Islamic Azad University, Tehran South Branch
3 - Assistant Professor of Economics, Islamic Azad University, Tehran South Branch

Received: 2015-09-23 Accepted : 2015-09-23 Published : 2014-09-23

Keywords: World Trade Organization, level of international trade, integration of international trade,

Abstract :

The World Trade Organization (WTO) is a global international organization dealing with the rules of trade among nations. The purpose of this paper is to consider the impact of joining WTO on export of pharmaceutical products. Here the researchers have used Integration of International Trade (IIT) as a globalization index. The estimation by OLS method indicates that joining WTO has a positive effect on the export of pharmaceutical products