Food standards: Modeling regulatory changes in trade impact assessments. Simulations with an extended structuralist computable general equilibrium (CGE) model

Rudiger Von Arnim, Bernhard Tröster and Werner Raza

No 347, Working Paper Forschungsförderung from Hans-Böckler-Stiftung, Düsseldorf

Abstract: Is the harmonization of different food standards between countries in the context of free trade agreements exclusively positive, or is there a risk of high social costs for consumers? The harmonization of different national regulations plays an important role in contemporary trade policy. In this paper, the costs and benefits of harmonizing food safety regulations between the EU and the USA are estimated, using the ÖFSE Global Trade Model. The results show that the cost savings for companies due to the harmonization of regulatory standards are significantly lower than the associated negative effects on public health. Trade policy impact assessments must therefore take into account the social costs of regulation.

Keywords: non-tariff barriers; TTIP; CETA; free-trade agreements; global markets (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-cmp and nep-int
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/311845/1/1917680287.pdf (application/pdf)

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:zbw:hbsfof:311845

Access Statistics for this paper

More papers in Working Paper Forschungsförderung from Hans-Böckler-Stiftung, Düsseldorf Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().