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Material Type: | Document, Internet resource |
---|---|
Document Type: | Internet Resource, Computer File |
All Authors / Contributors: |
Joseph A Clougherty; Michal Grajek; National Bureau of Economic Research. |
OCLC Number: | 795470831 |
Description: | 1 online resource (55 pages) : illustrations. |
Series Title: | Working paper series (National Bureau of Economic Research), no. 18132. |
Responsibility: | Joseph A. Clougherty, Michal Grajek. |
Abstract:
Empirical scholarship on the standards-trade relationship has been held up due to methodological challenges: measurement, varied effects, and endogeneity. Considering the trade-effects of one particular standard (ISO 9000), we surmount methodological challenges by measuring standardization via national penetration of ISO 9000, allowing standardization to manifest via multiple (quality-signaling, information/compliance-cost, and common-language) channels, and using instrumental variable, multilateral resistance and panel data techniques to overcome endogeneity. We find evidence of common-language and quality-signaling augmenting country-pair trade. Yet, ISO-rich nations (most notably European) benefit the most from standardization, while ISO-poor nations find ISO 9000 to represent a trade barrier due to compliance-cost effects.
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Related Subjects:(6)
- International trade -- Econometric models.
- Protectionism -- Econometric models.
- Commercial products -- Standards -- Economic aspects -- Econometric models.
- Information and Product Quality; Standardization and.
- Trade Policy; International Trade Organizations.
- Model Construction and Estimation.