Regionalism in standards: good or bad for trade?
| Autor: | Maggie Xiaoyang Chen, Aaditya Mattoo |
|---|---|
| Rok vydání: | 2008 |
| Předmět: |
Economics and Econometrics
regionalism standard harmonization MRA rules of origin Trade Policy Rules of origin Developing country International trade Labor Policies Economic Theory&Research Trade Policy Environmental Economics&Policies Health Economics&Finance Environmental Economics&Policies TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT Trade and Regional Integration Economic Theory&Research Health Economics&Finance Customs union International Trade Organizations F130 Economics International Linkages to Development Deep integration Role of International Organizations O190 Trade barrier Free trade Commercial policy business.industry Technical barriers to trade International economics jel:F13 Economies of scale jel:F12 International trade law International free trade agreement Regionalism (international relations) Country and Industry Studies of Trade F140 business Trade diversion |
| Zdroj: | Regionalism in Standards: Good or Bad for Trade? |
| ISSN: | 1540-5982 0008-4085 |
| DOI: | 10.1111/j.1540-5982.2008.00488.x |
| Popis: | Regional agreements on standards have been largely ignored by economists and unconditionally blessed by multilateral trade rules. The authors find, theoretically and empirically, that such agreements increase trade between participating countries but not necessarily with the rest of the world. Adopting a common standard in a region-that is, harmonization-boosts exports of excluded industrial countries to the region. But it reduces exports of excluded developing countries, possibly because developing country firms are hurt more by an increase in the stringency of standards and benefit less from economies of scale in integrated markets. Mutual recognition agreements are more uniformly trade promoting unless they contain restrictive rules of origin, in which case intra-regional trade increases at the expense of trade with other, especially developing, countries. The authors propose a modification of international trade rules to strike a better balance between the interests of integrating and excluded countries. |
| Databáze: | OpenAIRE |
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