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UID:event-9035@amse-aixmarseille.fr
DTSTAMP:20260430T164252Z
CREATED:20260430T164252Z
LAST-MODIFIED:20260430T164252Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Luca Macedoni
DTSTART:20220627T093000Z
DTEND:20220627T104500Z
DESCRIPTION:This paper incorporates product standard regulations into a mul
 ti-country general equilibrium framework with firm heterogeneity and variab
 le markups. We model regulations as a fixed cost that any firm selling to a
 n economy must pay\, consistent with stylized facts that we present. The fi
 xed cost can improve allocative efficiency by reallocating production towar
 ds high-quality firms\, who under-produce in the market allocation\, and aw
 ay from low-quality firms least able to bear compliance costs. Importantly\
 , the fixed cost generates a positive externality on the rest of the world 
 as it induces entry of high-quality firms\, and it improves the terms of tr
 ade of the non-imposing countries. Because of this positive externality\, g
 iven a level of market access\, governments do not choose domestic standard
 s efficiently. The result justifies international cooperation based on the 
 fact that such cooperation can improve welfare. We estimate our model and a
 pply its gravity formulation to quantify the global welfare consequences of
  altering regulatory policies\, the extent of the positive externalities ac
 ross countries\, the effects of cooperation\, and the comparison with furth
 er tariff liberalization.\\n\\nContact: Ewen Gallic: ewen.gallic[at]univ-am
 u.frAvner Seror: avner.seror[at]univ-amu.fr\n\nPlus d'informations: https:/
 /amse-aixmarseille.fr/en/events/luca-macedoni-2
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/luca-macedoni-2
CONTACT:Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]
 univ-amu.fr
TRANSP:OPAQUE
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