The Resource Explaining trade agreements : the practitioners' story and the standard model, Donald H. Regan

Explaining trade agreements : the practitioners' story and the standard model, Donald H. Regan

Label
Explaining trade agreements : the practitioners' story and the standard model
Title
Explaining trade agreements : the practitioners' story and the standard model
Statement of responsibility
Donald H. Regan
Creator
Contributor
Subject
Language
eng
Summary
There are two widely accepted explanations of why politically-motivated governments make trade agreements. There is an informal explanation, which I shall call the "practitioners' story", even though it is most economists' informal view as well. And there is a formal explanation in the economics literature, which I shall call the "standard model", referring to the basic structure shared by the Bagwell-Staiger and Grossman-Helpman models. Unfortunately, the practitioners' story and the standard model contradict each other at every crucial point. For example, in the practitioners' story, trade agreements are about reducing politically-motivated protectionism; and getting an agreement depends on political support from exporters. But in the standard model, trade agreements never reduce such protectionism; and politics plays no role in securing an agreement. This paper expounds the contradictions between the practitioners' story and the standard model, which have gone largely unremarked. It refutes suggestions by defenders of the standard model that the contradictions are illusory. It identifies the different assumptions made by the two explanations that generate the contradictions. It gives reasons for skepticism about the standard model. And it discusses why all of this matters
Member of
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorName
Regan, Donald
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Robert Schuman Centre
Series statement
  • EUI working papers. RSC
  • EUI papers
  • Global Governance Programme
Series volume
  • 2014/113
  • 143
http://library.link/vocab/subjectName
Commercial Treaties
Label
Explaining trade agreements : the practitioners' story and the standard model, Donald H. Regan
Link
http://hdl.handle.net/1814/33777
Instantiates
Publication
Note
Subject: Quota; France; Political; Corporate; Board of Directors
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17744507
Dimensions
30 cm.
Extent
20 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)933295279
Label
Explaining trade agreements : the practitioners' story and the standard model, Donald H. Regan
Link
http://hdl.handle.net/1814/33777
Publication
Note
Subject: Quota; France; Political; Corporate; Board of Directors
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17744507
Dimensions
30 cm.
Extent
20 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)933295279

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