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Standards reduce production costs and increase products' value to consumers. Standards however entail risks of anti-competitive abuse. After the adoption of a standard, the chosen technology normally lacks credible substitutes. The owner of the patented technology might thus have additional...
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In September 2008, the EU replaced national-level regulation on Maximum Residue Levels (MRLs) in pesticides with … of this harmonization on both intra- and extra-EU imports in an original empirical contribution to this literature. We … for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the …
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Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard in a dynamic model taking into account...
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