Regionalism in standards: good or bad for trade?
Maggie Xiaoyang Chen
Canadian Journal of Economics,
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 | International Trade Organizations F130 | Role of International Organizations O190 | International Linkages to Development | Country and Industry Studies of Trade F140 | regionalism, standard, harmonization, MRA, rules of origin | Trade Policy
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 wit...