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Trade, Development, and the Political Economy of Public Standards Author info | Abstract | Publisher info | Download info | Related research | Statistics Johan F.M. Swinnen
Thijs Vandemoortele
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This 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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Paper provided by LICOS - Centre for Institutions and Economic Performance, K.U.Leuven in its series LICOS Discussion Papers with number
23609.
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Date of creation: 2009Date of revision:
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Keywords: standards ; political economy ; trade ; development ; Find related papers by JEL classification: F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F59 - International Economics - - International Relations 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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