Publication: Are trade agreements good for you?
Are trade agreements good for you?
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Maggi, G., & Ossa, R. (2020). Are trade agreements good for you? (No. 27252; NBER Working Paper Series). https://doi.org/10.3386/w27252
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We examine how deep agreements on domestic regulations affect welfare in a world where such agreements are influenced by producer lobbies. The answer to this question depends in a critical way on whether the agreement focuses on product standards or on production regulations. International cooperation on product standards can decrease welfare, and this is more likely to happen when producer lobbies are stronger. On the other hand, international cooperation on production regulations tends to enhance welfare when lobbying pressures are
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Maggi, G., & Ossa, R. (2020). Are trade agreements good for you? (No. 27252; NBER Working Paper Series). https://doi.org/10.3386/w27252
