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Pursuing environmental and social objectives through trade agreements
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1028-3625
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EUI RSC; 2022/73; Global Governance Programme-485; [Global Economics]
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FRANCOIS, Joseph, HOEKMAN, Bernard M., MANCHIN, Miriam, SANTI, Filippo, Pursuing environmental and social objectives through trade agreements, EUI RSC, 2022/73, Global Governance Programme-485, [Global Economics] - https://hdl.handle.net/1814/75045
Abstract
Using a large dataset covering more than 180 countries and spanning several decades, we employ a SDID estimator to identify the extent to which trade agreements incorporating non-trade provisions (labor standards, environmental protection and civil and political rights) are associated with improvements in corresponding non-trade performance indicators. We distinguish between binding (enforceable) and non-binding provisions in trade agreements, and also control for the allocation of official development assistance targeting these three non-trade policy areas. Overall, the results suggest that efforts made to date to include non-trade provisions in trade agreements have not resulted in consistent desired (better) non-trade outcomes.