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Can consumers trust that the food they buy in the supermarket, even if imported, is not harmful to their health? What would be the consequences if their trust in existing health and safety standards were to be undermined by recognizing lower foreign standards? Against the backdrop of public...
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Regulatory cooperation to eliminate non-tariff barriers to trade (NTBs) resulting from differences in product standards and technical regulations has become a prominent issue in Preferential Trade Agreement (PTA) negotiations. This paper looks at the most important challenges and opportunities...
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The sheer size of the EU and US economies combined suggests substantial economic benefits from eliminating tariffs, reducing the costs of regulatory divergence, and deepening cooperation. Estimating these gains is difficult: uncertainty concerning modelling choices, data, and scenarios looms...
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Current political discussions on the relationship of technical standards to the Transatlantic, Trade and Investment Partnership (TTIP) concern the question whether TTIP can provide a transatlantic level playing field for technical standards, and whether this will negatively affect technical...
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We examine empirically whether and how non-tariff measures (NTMs) affect the formation of free trade agreements (FTAs). Using data from 114 countries over the period 1986-2019 and applying an augmented gravity model, we show that some of the investigated NTMs encourage, some discourage, and some...
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