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The WTO as a Mechanism for Securing Market Access Property Rights: Implications for Global Labor and Environmental Issues

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  • Kyle Bagwell
  • Robert W. Staiger

Abstract

Can the World Trade Organization (WTO) contribute to the attainment of sound labor and environmental policies? An answer requires an understanding of WTO rules. We argue that the purpose of WTO rules is to create a negotiating forum where governments can exchange secure market access commitments. From this perspective, we argue that supporters of sound trade, labor and environmental policies can benefit from a well-functioning WTO, because facilitating trade liberalization and preventing race-to-the-bottom/regulatory-chill problems go hand in hand, and each is accomplished by maintaining secure property rights over negotiated market access commitments.

Suggested Citation

  • Kyle Bagwell & Robert W. Staiger, 2001. "The WTO as a Mechanism for Securing Market Access Property Rights: Implications for Global Labor and Environmental Issues," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 69-88, Summer.
  • Handle: RePEc:aea:jecper:v:15:y:2001:i:3:p:69-88 Note: DOI: 10.1257/jep.15.3.69
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    References listed on IDEAS

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    Cited by:

    1. Glebe, Thilo W., 2007. "Welfare economics of agricultural trade liberalisation and strategic environmental policy," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 8(2), June.
    2. Philip I. Levy, 2003. "Non-Tariff Barriers as a Test of Political Economy Theories," Working Papers 852, Economic Growth Center, Yale University.
    3. Bagwell,K. & Staiger,R.W., 2003. "National sovereignty in an interdependent world," Working papers 27, Wisconsin Madison - Social Systems.
    4. Fischer, Carolyn & Hoffmann, Sandra & Yoshino , Yutaka, 2002. "Multilateral Trade Agreements and Market-Based Environmental Policies," Discussion Papers dp-02-28, Resources For the Future.
    5. Dutt, Pushan & Mihov, Ilian & Van Zandt, Timothy, 2013. "The effect of WTO on the extensive and the intensive margins of trade," Journal of International Economics, Elsevier, pages 204-219.
    6. Laixun Zhao, 2006. "International Labor Standards and Southern Competition," Discussion Paper Series 193, Research Institute for Economics & Business Administration, Kobe University.
    7. Daniel Millimet & Rusty Tchernis, 2006. "On the Specification of Propensity Scores: with an Application to the WTO-Environment Debate," Caepr Working Papers 2006-013, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
    8. Teitel, Simon, 2005. "Globalization and its disconnects," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 34(4), pages 444-470, August.
    9. Thilo Glebe & Uwe Latacz-Lohmann, 2007. "Agricultural multifunctionality and trade liberalisation," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 82, pages 57-73.
    10. World Bank, 2002. "Pacific Islands - Regional Economic Report : Embarking on a Global Voyage - Trade Liberalization and Complementary Reforms in the Pacific," World Bank Other Operational Studies 15362, The World Bank.
    11. Tania Sharmin Jahan, 2013. "Is There a Linkage Between Sustainable Development and Market Access of LDCs?," The Law and Development Review, De Gruyter, pages 143-223.
    12. Thilo Glebe & Uwe Latacz-Lohmann, 2007. "Agricultural multifunctionality and trade liberalisation," Post-Print hal-01201147, HAL.
    13. Drusilla K. Brown & Alan V. Deardorff & Robert M. Stern, 2009. "Pros and Cons of Linking Trade and Labor Standards," World Scientific Book Chapters,in: Globalization And International Trade Policies, chapter 16, pages 599-621 World Scientific Publishing Co. Pte. Ltd..
    14. McGinty Matthew, 2008. "An Evolutionary Race to the Top: Trade, Oligopoly and Convex Pollution Damage," The B.E. Journal of Economic Analysis & Policy, De Gruyter, pages 1-26.
    15. McCorriston, Steve & Sheldon, Ian M., 2002. "The Non-Neutrality Of Wto Border Tax Adjustments For Environmental Excise Taxes Under Imperfect Competition," 2002 Annual meeting, July 28-31, Long Beach, CA 19673, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Hur, Jung & Zhao, Laixun, 2009. "Labor standards, labor-management bargaining and international rivalry," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 259-272, August.
    17. Sheldon, Ian M. & Josling, Timothy E., 2002. "Biotechnology Regulations And The Wto," Working Papers 14594, International Agricultural Trade Research Consortium.
    18. Andrei A. Levchenko, 2007. "Institutional Quality and International Trade," Review of Economic Studies, Oxford University Press, pages 791-819.
    19. Glebe, Thilo & Latacz-Lohmann, Uwe, 2007. "Agricultural multifunctionality and trade liberalisation," Cahiers d'Economie et de Sociologie Rurales (CESR), INRA (French National Institute for Agricultural Research), vol. 82.
    20. Steve Mccorriston & Ian Sheldon, 2005. "Export Competition and the Remission of Domestic Environmental Taxes," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 12(5), pages 627-637, September.
    21. Michael Margolis & Jason F. Shogren, "undated". "On the Sale of Disguised Protectionism," EcoMod2006 272100060, EcoMod.
    22. Nemati, Mehdi & Hu, Wuyang & Reed, Michael, 2016. "Are Free Trade Agreements Good for the Environment? A Panel Data Analysis," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235631, Agricultural and Applied Economics Association.
    23. Xiao Chen & Alan Woodland, 2013. "International trade and climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(3), pages 381-413, June.
    24. Carsten Herrmann-Pillath, 2006. "Reciprocity and the hidden constitution of world trade," Constitutional Political Economy, Springer, pages 133-163.

    More about this item

    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • J58 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Public Policy
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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