International Product Standard Agreements Under Production Externalities
9 Pages Posted: 11 Apr 2023
Abstract
We study the welfare effect of product standard agreements based on national treatment and mutual recognition when negative production externalities exist. We find that the welfare implications of both regimes starkly differ from those under consumption externalities, implying that the source of externalities is crucial to shaping the desirability of alternative product standard agreements.
Keywords: F13, F18, L52
Suggested Citation: Suggested Citation
Geng, Difei and Park, Doyoung, International Product Standard Agreements Under Production Externalities. Available at SSRN: https://ssrn.com/abstract=4415049 or http://dx.doi.org/10.2139/ssrn.4415049
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