G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17199
DP17199 A simple theory of deep trade integration
Mathieu Parenti
发表日期2022-04-09
出版年2022
语种英语
摘要Which countries should aim for international regulatory cooperation? We develop an imperfectly-competitive trade model where countries differ in technology and regulatory preferences over local consumption externalities. Countries set different product standards, but tailoring products to each market is costly for firms. Trade occurs when Ricardian gains outweigh countries’ asymmetric regulations. Regulatory cooperation is more beneficial for countries with intermediate differences in regulatory preferences, particularly when tariffs are already low. Mutual regulatory concessions allow countries with strong comparative advantages in different externality-generating goods to implement deeper agreements. With highly-dispersed regulatory preferences, international cooperation is characterized by regulatory blocs.
主题International Trade and Regional Economics
URLhttps://cepr.org/publications/dp17199
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/546194
推荐引用方式
GB/T 7714
Mathieu Parenti. DP17199 A simple theory of deep trade integration. 2022.
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