THE ECONOMICS BEHIND NON-TARIFF MEASURES: THEORETICAL INSIGHTS AND EMPIRICAL EVIDENCE
The paper presents a review of recent work both theoretical and empirical related to the impact of non-tariff measures with a focus on technical regulations. A minimalist theoretical set-up to analyse non-tariff measures is first presented. Various empirical approaches and techniques used to assess the impact of technical regulations are discussed. Empirical results obtained across strategies are then surveyed.