Standards and Related Regulations in International Trade: A Modeling Approach
NBER Working Paper No. 8346
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.
Published: Maskus, Keith E. and John S. Wilson (eds.) Quantifying the impact of technical barriers to trade: Can it be done? Studies in International Economics. Ann Arbor: University of Michigan Press, 2001.