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Trade, Development, and the Political Economy of Public Standards

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  • Johan F.M. Swinnen
  • Thijs Vandemoortele

Abstract

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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File URL: http://www.econ.kuleuven.be/licos/publications/dp/dp236.pdf
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Bibliographic Info

Paper provided by LICOS - Centre for Institutions and Economic Performance, KU Leuven in its series LICOS Discussion Papers with number 23609.

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Date of creation: 2009
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Handle: RePEc:lic:licosd:23609

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Keywords: standards; political economy; trade; development;

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Cited by:
  1. Gaeta, Davide & Begalli, Diego & Corsinovi, Paola, 2012. "The alignment of European Law in pre-candidate countries: the case of Bosnia and Herzegovina wine law," 126th Seminar, June 27-29, 2012, Capri, Italy 126100, European Association of Agricultural Economists.

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