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Trade used to be about goods crossing borders and the instrument of protection was mostly through tariffs. Then there was greater recognition of trade in services, now exceeding the share of goods in global trade. Because of services, the focus of trade protection shifted more towards "behind...
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The author uses a new database of EU product standards in the textiles, clothing, and footwear sectors to present the first empirical evidence that international standards harmonization is associated with increased partner country export variety. A 10 percentage point increase in the proportion...
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Despite the predominately negative evidence of the impact of local content requirements on trade, they continue to play a significant role in trade policy. This has been particularly true since the financial crisis of 2008. The work presented here provides new evidence of the detrimental effects...
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