Standards and Related Regulations in International Trade: A Modeling Approach
67 Pages Posted: 25 Jun 2001 Last revised: 23 Apr 2021
Date Written: June 2001
Standards and technical regulations which govern the admissibility of imported goods into an economy raise costs of exporters entering new markets, and may have a particularly high impact on firms seeking to export from developing countries. Yet standards may also have a positive side, such as certifying product quality and safety for the consumer. This paper suggests approaches to modeling standards and technical regulations, with a particular concern that these approaches are at least potentially implementable in an applied general-equilibrium model with real data.
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