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Who Settles Disputes? Treaty Design and Trade Attitudes Toward the Transatlantic Trade and Investment Partnership (TTIP)

Title
Who Settles Disputes? Treaty Design and Trade Attitudes Toward the Transatlantic Trade and Investment Partnership (TTIP)
Author
함현호
Keywords
Trade preferences; public opinion; treaty design; dispute settlement mechanisms; ISDS; trade agreement; TTIP; conjoint analysis
Issue Date
2019-09
Publisher
CAMBRIDGE UNIV PRESS
Citation
INTERNATIONAL ORGANIZATION, v. 73, no. 4, Page. 881-900
Abstract
What type of trade agreement is the public willing to accept? Instead of focusing on individual concerns about market access and trade barriers, we argue that specific treaty design and, in particular, the characteristics of the dispute settlement mechanism, play a critical role in shaping public support for trade agreements. To examine this theoretical expectation, we conduct a conjoint experiment that varies diverse treaty-design elements and estimate preferences over multiple dimensions of the Transatlantic Trade and Investment Partnership (TTIP) based on a nationally representative sample in Germany. We find that compared to other alternatives, private arbitration, known as investor-state dispute settlement (ISDS), generates strong opposition to the trade agreement. As the single most important factor, this effect of dispute settlement characteristic is strikingly large and consistent across individuals' key attributes, including skill levels, information, and national sentiment, among others.
URI
https://www.cambridge.org/core/journals/international-organization/article/who-settles-disputes-treaty-design-and-trade-attitudes-toward-the-transatlantic-trade-and-investment-partnership-ttip/228EF83FE7CA03D4BD179C241F3030C9https://repository.hanyang.ac.kr/handle/20.500.11754/153746
ISSN
0020-8183; 1531-5088
DOI
10.1017/S0020818319000249
Appears in Collections:
COLLEGE OF POLICY SCIENCE[S](정책과학대학) > POLICY STUDIES(정책학과) > Articles
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