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Trade and the political economy of standards

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  • SWINNEN, JOHAN
  • VANDEMOORTELE, THIJS

Abstract

This paper reviews the emerging literature on the political economy of public standards in an open economy to explain why standards are set at certain levels, and how this affects trade. We use a simple framework to illustrate how interest groups may influence the standard-setting process, and which factors may affect the political equilibria. We analyze the relation between trade and standards, and their potential protectionist nature. We argue that standards may act as barriers or catalysts to trade, that both under- or over-standardization may occur, and that standards may serve as protectionist instruments, or not.

Suggested Citation

  • Swinnen, Johan & Vandemoortele, Thijs, 2012. "Trade and the political economy of standards," World Trade Review, Cambridge University Press, vol. 11(3), pages 390-400, July.
    • Handle: RePEc:cup:wotrrv:v:11:y:2012:i:03:p:390-400_00
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    Cited by:

    1. Eyal RONEN, 2017. "Quantifying the trade effects of NTMs: A review of the empirical literature," Journal of Economics and Political Economy, KSP Journals, vol. 4(3), pages 263-274, September.
    2. Kym Anderson, 2016. "Agricultural Trade, Policy Reforms, and Global Food Security," Palgrave Studies in Agricultural Economics and Food Policy, Palgrave Macmillan, number 978-1-137-46925-0, October.
    3. Mamta Kumari & Nalin Bharti, 2021. "Linkages Between Trade Facilitation and Governance: Relevance for Post-COVID-19 Trade Strategy," Millennial Asia, , vol. 12(2), pages 162-189, August.
    4. Katia Berti & Rod Falvey, 2018. "Does trade weaken product standards?," Review of International Economics, Wiley Blackwell, vol. 26(4), pages 852-868, September.
    5. Kareem, Fatima Olanike & Martínez-Zarzoso, Inmaculada & Brümmer, Bernhard, 2018. "Protecting health or protecting imports? Evidence from EU non-tariff measures," International Review of Economics & Finance, Elsevier, vol. 53(C), pages 185-202.

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