INTERNATIONAL SPILLOVERS OF QUALITY REGULATIONS

• 成果类型: Article
• 署名作者: Macedoni, Luca; Weinberger, Ariel
• 署名单位: Aarhus University; George Washington University
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12736
• 发表日期: 2025
• 页码: 453-484
• 关键词: product standards; trade-policy; welfare loss; Tariff wars; Retaliation; prices; FIRMS; size

摘要

This article investigates the international spillover effects of nondiscriminatory product regulations, for example, quality standards, in a multicountry general equilibrium framework with firm heterogeneity. In the presence of variable markups, when regulations are applied as a fixed cost consistent with stylized facts, they generate a positive spillover on the rest of the world as they induce entry of high-quality firms and improve the terms of trade of the nonimposing countries. The benefits of such regulations are not fully realized under noncooperative policy settings, rationalizing international cooperation. We estimate our model to quantify the effects of regulations on various welfare-relevant outcomes.