Achieving fair trade through a social tariff regime: a policy thought experiment

George F. DeMartino, Jonathan D. Moyer and Kate M. Watkins

Cambridge Journal of Economics, 2016, vol. 40, issue 1, 69-92

Abstract: This paper pursues a fair trade policy thought experiment that (i) presents the Social Index Tariff Structure (SITS) regime and (ii) simulates a multilateral SITS regime using bilateral trade flow data. A SITS regime seeks to promote strong labour and environmental standards and other initiatives that engender human development, equality and sustainability. It does this by institutionalising both the incentives and means for countries to enhance their performance in these areas. We demonstrate that a multilateral SITS regime would generate substantial and stable flows of development funds while incentivising an international ‘race to the top’ in labour and environmental standards and, more broadly, in human development, equality and sustainability.

Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/cje/beu066 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cambje:v:40:y:2016:i:1:p:69-92.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().