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.
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