Quality regulation has become the dominant instrument of trade policy. Panel evidence shows that regulations classified as sanitary and phytosanitary measures and technical barriers to trade both increase trade on average. Other non-tariff measures like quotas decrease trade. Sanitary and phytosanitary measures reallocate trade from lower-income exporting countries to higher-income exporting countries, while technical barriers to trade measures do...
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INFORMATION
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2023/11/09
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Document de travail de recherche sur les politiques
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WPS10601
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1
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2023/11/09
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Disclosed
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Quality Regulation Creates and Reallocates Trade