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Who settles disputes? Treaty design and trade attitudes toward the transatlantic trade and investment partnership (TTIP)

Hahm, Hyeonho, König, Thomas, Osnabrügge, Moritz and Frech, Elena (2019) Who settles disputes? Treaty design and trade attitudes toward the transatlantic trade and investment partnership (TTIP). International Organization, 73 (4). pp. 881-900. ISSN 0020-8183

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Identification Number: 10.1017/S0020818319000249

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.

Item Type: Article
Additional Information: © 2019 The IO Foundation.
Divisions: LSE
Subjects: K Law
H Social Sciences > HF Commerce
J Political Science
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 02 Apr 2025 16:06
Last Modified: 02 Apr 2025 16:21
URI: http://eprints.lse.ac.uk/id/eprint/127802

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