A Cost–Benefit Approach for the Assessment of Nontariff Measures in International Trade

Abstract

This chapter uses a welfare-based conceptual framework for the assessment of costs and benefits associated with nontariff measures in the presence of market imperfections such as asymmetric information and environmental or health externalities. The framework allows for evidence-based comparative assessments of alternative regulatory approaches addressing these imperfections. The conceptual work is illustrated with an empirical case study of labeling internationally traded fish products.

Citation

Beghin, J.C., Disdier, A.-C., Marette, S. and van Tongeren, F. (2013), "A Cost–Benefit Approach for the Assessment of Nontariff Measures in International Trade", Beghin, J.C. (Ed.) Nontariff Measures with Market Imperfections: Trade and Welfare Implications (Frontiers of Economics and Globalization, Vol. 12), Emerald Group Publishing Limited, Leeds, pp. 15-41. https://doi.org/10.1108/S1574-8715(2013)0000012006