Trade, Development, and the Political Economy of Public Standards
AbstractThis paper presents a political economy model of public standards in an open economy model. We use the model to derive the political optimum and to analyze different factors that have an influence on this political equilibrium. The paper discusses how the level of development influences the political equilibrium. We also analyze the relation between trade and the political equilibrium and compare this political outcome with the social optimum to identify under which cases ‘under-standardization’ or ‘over-standardization’ results, and which standards can be labeled as (producer)protectionist measures.
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Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 113th Seminar, September 3-6, 2009, Chania, Crete, Greece with number 58139.
Date of creation: 2009
Date of revision:
Agricultural and Food Policy;
Other versions of this item:
- Johan F.M. Swinnen & Thijs Vandemoortele, 2009. "Trade, Development, and the Political Economy of Public Standards," LICOS Discussion Papers 23609, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
- H49 - Public Economics - - Publicly Provided Goods - - - Other
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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