Regionalism in Standards: Good or Bad for Trade?

Regional agreements on standards have been largely ignored by economists and blessed by multilateral trade rules. Using a constructed panel data that identifies the different types of agreements at the industry level, we find that such agreements increase the trade between participating countries bu...

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Bibliographic Details
Main Authors: Chen, Maggie Xiaoyang, Mattoo, Aaditya
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5515
id okr-10986-5515
recordtype oai_dc
spelling okr-10986-55152021-04-23T14:02:22Z Regionalism in Standards: Good or Bad for Trade? Chen, Maggie Xiaoyang Mattoo, Aaditya Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Regional agreements on standards have been largely ignored by economists and blessed by multilateral trade rules. Using a constructed panel data that identifies the different types of agreements at the industry level, we find that such agreements increase the trade between participating countries but not necessarily with the rest of the world. Harmonization of standards may reduce the exports of excluded countries, especially in markets that have raised the stringency of standards. 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 imports from other countries. 2012-03-30T07:33:12Z 2012-03-30T07:33:12Z 2008 Journal Article Canadian Journal of Economics 00084085 http://hdl.handle.net/10986/5515 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Trade Policy
International Trade Organizations F130
Country and Industry Studies of Trade F140
International Linkages to Development
Role of International Organizations O190
spellingShingle Trade Policy
International Trade Organizations F130
Country and Industry Studies of Trade F140
International Linkages to Development
Role of International Organizations O190
Chen, Maggie Xiaoyang
Mattoo, Aaditya
Regionalism in Standards: Good or Bad for Trade?
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Regional agreements on standards have been largely ignored by economists and blessed by multilateral trade rules. Using a constructed panel data that identifies the different types of agreements at the industry level, we find that such agreements increase the trade between participating countries but not necessarily with the rest of the world. Harmonization of standards may reduce the exports of excluded countries, especially in markets that have raised the stringency of standards. 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 imports from other countries.
format Journal Article
author Chen, Maggie Xiaoyang
Mattoo, Aaditya
author_facet Chen, Maggie Xiaoyang
Mattoo, Aaditya
author_sort Chen, Maggie Xiaoyang
title Regionalism in Standards: Good or Bad for Trade?
title_short Regionalism in Standards: Good or Bad for Trade?
title_full Regionalism in Standards: Good or Bad for Trade?
title_fullStr Regionalism in Standards: Good or Bad for Trade?
title_full_unstemmed Regionalism in Standards: Good or Bad for Trade?
title_sort regionalism in standards: good or bad for trade?
publishDate 2012
url http://hdl.handle.net/10986/5515
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