Deep trade agreements and harmonization of standards.
This study examines how free trade agreements (FTAs) and customs unions (CUs) affect multilateral trade agreements when countries endogenously determine the standards as well as tariffs. Raising standards reduces the negative consumption externalities of a traded good but increases firms' costs. We...
| Publicado en: | Southern Economic Journal Vol. 88; no. 1; pp. 118 - 144 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Jul2021
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=151330647&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 151330647 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: Jul2021 vid: 88 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 151330647 10.1002/soej.12500 ppf: 118 ppct: 26 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 2.9MB tig: atl: Deep trade agreements and harmonization of standards. aug: au: Kawabata, Yasushi Takarada, Yasuhiro affil: Graduate School of Economics, Nagoya City University, Nagoya, Japan Faculty of Economics, Nanzan University, Nagoya, Japan su: International trade Commercial treaties Free trade Customs unions Engineering standards sug: subj: International trade International Trade Financing Commercial treaties Free trade Customs unions Engineering standards keyword: customs union free trade agreement multilateral trade agreement standards tariffs customs union free trade agreement multilateral trade agreement standards tariffs ab: This study examines how free trade agreements (FTAs) and customs unions (CUs) affect multilateral trade agreements when countries endogenously determine the standards as well as tariffs. Raising standards reduces the negative consumption externalities of a traded good but increases firms' costs. We find that a deep FTA with the harmonization of standards may be a stumbling block for multilateral free trade with the international standard that maximizes world welfare, whereas a deep CU with standards is a building block. As extensions, we consider asymmetry in firms' production costs and in the awareness of negative externalities between countries as well as transboundary externalities. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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