The panel comprises: Dr Robert Koopman (Director of the WTO's Economic Research and Statistics Division) is ex officio member of the panel.
Dr Roberta Piermartini (Chief of the WTO's Trade Cost Analysis Section) coordinates the work of the selection panel.
The winning author(s) will receive funding to attend the meeting.
The Selection Panel also gave an honourable mention as runner-up to Yuan Mei of the University of Chicago for his work entitled "Regulatory Protection and the Role of International Cooperation".WTO Essay Award 2019 for Young Economists The WTO has issued a call for young economists to submit papers for the 2019 WTO Essay Award.The award aims to promote high-quality research on trade policy and international trade co-operation and to reinforce the relationship between the WTO and the academic community.Roberta Piermartini (ERSD, WTO) coordinated the work of the Selection Panel.The annual WTO Essay Award provides a prize of CHF 5,000 to the author(s) of the winning essay.Since GVCs are a very significant feature of international trade, the Selection Panel took the view that the calculation of their welfare effects, including losses inflicted by the disruption of GVCs, is extremely important. Yuan Mei's paper studies the effects of product standards regulation on trade and welfare.While much work remains to be done, both in terms of the collection of appropriate data and the calculation of the effects, this paper is a very useful start and may launch an “industry” of research. The key finding is that standards can affect fixed as well as marginal costs of production.For example, regarding Mexico’s car exports, “the U. accounts for a colossal 74% of the foreign inputs embedded in Mexican vehicles sold to U. consumers but for only 18% of the inputs of those sold to German consumers.” Similarly, the share of German inputs is much higher in cars exported to Germany than in those exported to the United States. He is currently a IES post-doctoral fellow in Princeton University.The paper shows that members of GVCs are substantially more integrated with one another than traditional measures have shown, with the implication that the traditional study of GVCs substantially under-estimates the cost of GVCs being disrupted. He will be joining Dartmouth College as Assistant Professor in 2019.Only the author(s) of short-listed essays will be notified.The winning essay will be published in the WTO Working Paper Series and it is the responsibility of the author(s) to endeavour to secure publication of the contribution in a journal. Submissions should include as separate attachments in PDF format: 1. the CV of the author(s), specifying (i) current affiliation(s), (ii) the academic institution awarding the Ph D, (iii) the year (or the expected year) of the Ph D, (iv) the date of birth of the author(s).