EU Delegation and Agency in International Trade Negotiations: A Cautionary Comparison
The principal-agent (PA) approach is increasingly used to explain how and why the EU formulates its trade policy and engages in international trade negotiations. This article evaluates the utility of PA in trade policy through a comparative analysis of the EU's participation in two different international negotiations: the International Competition Network and World Trade Organization (2001-06). The comparison of EU institutions and activities in these two empirical cases suggests that while PA seems well suited to explain international negotiations in regulatory policies (competition), it seems less suited to explain developments in distributive policies (trade). The findings, which reveal potential problems of multiple agents and a greater likelihood of observational equivalence in trade policy, advise caution when using PA to explain the EU's behaviour in international trade negotiations. Copyright (c) 2007 The Author(s); Journal compilation (c) 2007 Blackwell Publishing Ltd.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 45 (2007)
Issue (Month): (November)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0021-9886|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0021-9886|
When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:45:y:2007:i::p:883-903. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.