Corporate Social Responsibility, Human Rights, and the World Trade Organization

Vidal-León, Christian

doi:10.1093/jiel/jgt030

Cited by 9 publications

(8 citation statements)

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“…The potential bias resulting from OLS estimations due to the endogeneity between regressors and the error term in the dynamic specification is well known. The system GMM is therefore applied (see Arellano & Bover, ; Arellano & Bond, ; Blundell & Bond, ).…”

Section: Resultsmentioning

confidence: 99%

“…One of the most prominent examples is the European Commission's Sustainability Impact Assessment that was first developed for the World Trade Organization (WTO) Doha Development Agenda negotiations. It promotes corporate social responsibility, which has been shown to translate into more socially sustainable trade (Vidal‐León, ).…”

Section: Literature Reviewmentioning

confidence: 99%

“…However, at the macroeconomic level, the empirical evidence is scant. Borraz, Rossi, and Ferres () show for the case of MERCOSUR that preferential trade openness has benefited all participants in equal terms in Uruguay, thus having zero impact on the income distribution, whereas in Paraguay, poverty was negatively affected although with an improvement in income distribution. These findings highlight the heterogeneity of impacts and channels, where trade affects unevenly regions and countries.…”

Section: Literature Reviewmentioning

confidence: 99%

“…From the earliest iterations of the RTA literature (Viner, ), it has been acknowledged that in addition to direct impacts on RTA members, RTAs also have impacts on countries that have existing trading relationships with new RTA members. This has developed into discussions on whether the proliferation of RTAs promotes freer global trade (see, e.g., Summers, ; Maggi, ) or disrupts the natural process of global liberalisation (Bhagwati, , , ).…”

Section: Channels Linking Trade and Developmentmentioning

confidence: 99%

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The development trinity: How regional integration impacts growth, inequality and poverty

Santos‐Paulino¹,

DiCaprio²,

Sokolova

2019

World Economy

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Developing countries today have become more active participants in regional trade agreements. This raises questions about how the benefits of integration are distributed, and the extent to which lower‐income countries are able to capture development gains. Historically, such impacts have been difficult to identify with precision. This paper seeks to address this gap by empirically analysing the impact of regional integration on development, particularly the effects on growth and welfare. Using both bilateral and regional integration measures, we show that the ability to capture gains from integration varies across developing country regional groups, with developing Asia benefiting on par with developed countries. The findings in the paper indicate that trade and trade policy play an important role in reducing inequality and poverty in developing countries. It also shows that regionalism can function as a channel to make multilateralism a more adept way of addressing national challenges.

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Section: Resultsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Channels Linking Trade and Developmentmentioning

confidence: 99%

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The development trinity: How regional integration impacts growth, inequality and poverty

Santos‐Paulino¹,

DiCaprio²,

Sokolova

2019

World Economy

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“…4 The ISO 26000 guidance on social responsibility was published in 2010, and the updated OECD guidelines for multinational enterprises and the UN guiding principles on business and human rights were released in 2011. Further, the Global Reporting Initiative (GNI) provides a globally applicable framework for drawing up sustainability reports in accordance with internationally recognized criteria (see Aaronson, 2007;Vidal-Leon, 2013). 5 The observable delay game has been intensively used in many contexts of game theory and economic theory.…”

Section: Introductionmentioning

confidence: 99%

Corporate social responsibility and strategic trade policy: An endogenous timing game and its policy implications

Cho

Lee

Hoang

2019

Australian Economic Papers

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This study incorporates the corporate social responsibility (CSR) initiatives of a domestic firm and analyzes strategic trade policy toward a foreign firm in a different market structure. We show that the tariff rate under a foreign (domestic) firm's leadership is lowest when the degree of CSR is large (small). We also show that the foreign firm's leadership yields the highest welfare when the degree of CSR is intermediate, while the domestic firm's leadership yields the highest welfare otherwise. In an endogenous-timing game, we show that a simultaneous-move outcome is the unique equilibrium when the degree of CSR is small; thus, it is never socially desirable. We also show that the domestic firm's leadership can be an equilibrium, which results in the highest welfare when the degree of CSR is large. Finally, when the degree of CSR is large, collusive behaviors between the domestic and foreign firms can increase welfare.

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Translating Human Rights into an Enforceable Business Compliance Strategy

Wetzel

2016

Human Rights in Transnational Business

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Corporate Social Responsibility, Human Rights, and the World Trade Organization

Cited by 9 publications

References 0 publications

The development trinity: How regional integration impacts growth, inequality and poverty

The development trinity: How regional integration impacts growth, inequality and poverty

Corporate social responsibility and strategic trade policy: An endogenous timing game and its policy implications

Translating Human Rights into an Enforceable Business Compliance Strategy

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