The Political Economy of International Regulatory Cooperation
研究了在生产者集团游说压力下谈判的国际监管协议，发现产品标准协议会导致过度放松管制并降低福利，而过程标准协议则会加强管制并提高福利。
We examine international regulatory agreements that are negotiated under lobbying pressures from producer groups. The way in which lobbying influences the cooperative setting of regulatory policies, as well as the welfare impacts of international agreements, depend crucially on whether the interests of producers in different countries are aligned or in conflict. The former situation tends to occur for product standards, while the latter tends to occur for process standards. We find that, if producer lobbies are strong enough, agreements on product standards lead to excessive deregulation and decrease welfare, while agreements on process standards tighten regulations and enhance welfare.