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Do standards matter for export success ?

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Author Info
Chen, Maggie Xiaoyang
Otsuki, Tsunehiro
Wilson, John S.

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Abstract

Standards and technical regulations are an increasingly prominent part of the international trade policy debate. In particular, there has been considerable discussion of whether standards and regulations affect trade costs and export prospects for developing countries. In this paper the authors examine how meeting foreign standards affects firms'export performance, reflected in export propensity and market diversification. The analysis draws on the World Bank Technical Barriers to Trade Survey database of 619 firms in 17 developing countries. The results indicate that technical regulations in industrial countries adversely affect firms'propensity to export in developing countries. In particular, testing procedures and lengthy inspection procedures reduce exports by 9 percent and 3percent, respectively. Furthermore, in the model, the difference in standards across foreign countries causes diseconomy of scale for firms and affects decisions about whether to enter export markets. The empirical analysis presented here implies that standards impede exporters'market entry, reducing the likelihood of exporting to more than three markets by 7 percent. In addition, the authors find that firms that outsource components are more challenged by compliance with multiple standards.

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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 3809.

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Date of creation: 01 Jan 2006
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Handle: RePEc:wbk:wbrwps:3809

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Related research
Keywords: Markets and Market Access; Small Scale Enterprise; Microfinance; Economic Theory&Research; Public Sector Regulation;

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This paper has been announced in the following NEP Reports: Cited by:
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  1. Joseph A. Clougherty & Michal Grajek, 2006. "The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis," Discussion Papers 179, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
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  2. Juan Carlos Hallak, 2006. "A Product-Quality View of the Linder Hypothesis," NBER Working Papers 12712, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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