Title: On Non-tariff Measures and Their Regulation from the Angle of Institutional Economics
Abstract: Institutional economics studies the interaction between economy and institutions and introduces costs,fundamental human value and rent-seeking related to institutions into the study.Therefroe,as an instituion,non-tariff measures referring to costs,fundamental human value and rent-seeking may be explored from the angle of institutional economics.Institutional economic models are the formulas of quantifying the influences of institutions on the economy,so the institutional economic models evaluating the effects of institutions on the economy help WTO with the regulation of non-tariff measures.During the periods of rule-making,trade policy review and the settlement of disputes of WTO,the models referring to the effects of institutions on the economy could be introduced into the regulation of non-tariff measures.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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