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Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff barriers be converted into import equivalent tariffs. From an economic point of view, the effects of such tariffication are not entirely clear. The paper presents a general equilibrium...
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Die GATT- und später WTO-Runden der letzten Jahre haben eine weitgreifende Tarifizierung durchgesetzt. Das bedeutet, dass existierende nicht-tarifäre Handelsbarrieren in Volumen-äquivalente Zölle konvertiert werden. Das Motiv einer solchen Maßnahme ist eine größere Transparenz der...
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The present paper examines trade liberalization driven by the coordination of product standards. For oligopolistic firms situated in separate markets that are initially sheltered by national standards, mutual recognition of standards implies entry and reduced profits at home paired with the...
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