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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | The political economy of international regulatory cooperation |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | American Economic Review |
| Publisher | American Economic Association |
| Geographical Reach | international |
| ISSN | 0002-8282 |
| Volume | 113 |
| Number | 8 |
| Page Range | 2168 - 2200 |
| Date | 2023 |
| Abstract Text | We examine international regulatory agreements that are negotiated under lobbying pressures from producer groups. The way in which lobbying influences the cooperative setting of regulatory policies, as well as the welfare impacts of international agreements, depend crucially on whether the interests of producers in different countries are aligned or in conflict. The former situation tends to occur for product standards, while the latter tends to occur for process standards. We find that, if producer lobbies are strong enough, agreements on product standards lead to excessive deregulation and decrease welfare, while agreements on process standards tighten regulations and enhance welfare. |
| Free access at | DOI |
| Digital Object Identifier | 10.1257/aer.20200780 |
| Other Identification Number | merlin-id:23959 |
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| Keywords | Economics and econometrics |
| Additional Information | Copyright American Economic Association; reproduced with permission |