Depth versus rigidity in the design of international trade agreements
Leslie Johns
Journal of Theoretical Politics, 2014, vol. 26, issue 3, 468-495
Abstract:
I examine the impact of depth and rigidity in international trade agreements. Increasing the depth of required cooperation lowers the likelihood of full compliance and the stability of a trade regime. In contrast, increasing the rigidity of an agreement raises the likelihood of full compliance and lowers stability. Both depth and rigidity can lower tariffs if a state does not defect from its treaty obligations. I argue that if we control for the benefits of trade liberalization, then observable treaties will have a negative relationship between depth and rigidity. Deep agreements will be flexible, while shallow agreements will be rigid.
Keywords: International law; international organization; international trade (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jothpo:v:26:y:2014:i:3:p:468-495
DOI: 10.1177/0951629813505723
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