Trade Effects of Regional Standards Liberalization A Heterogeneous Firms Approach

This study investigates trade effects of the regional liberalization of technical barriers to trade (TBTs) in the form of harmonization and mutual recognition agreements (MRAs) for testing procedures. The theoretical part of the paper is framed in terms of a heterogeneous firms approach. This paper...

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Bibliographic Details
Main Author: Baller, Silja
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2007
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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100 1 |a Baller, Silja 
245 0 0 |a Trade Effects of Regional Standards Liberalization  |h Elektronische Ressource  |b A Heterogeneous Firms Approach  |c Baller, Silja 
260 |a Washington, D.C  |b The World Bank  |c 2007 
300 |a 44 p. 
653 |a Macroeconomics and Economic Growth 
653 |a Consumer Protection 
653 |a E-Business 
653 |a Markets and Market Access 
653 |a Bilateral Trade 
653 |a International Economics & Trade 
653 |a Free Trade 
653 |a Goods 
653 |a Trade Policy 
653 |a Negative Externalition 
653 |a Social Protections and Labor 
653 |a Emerging Markets 
653 |a Consumers 
653 |a Public Sector Development 
653 |a Markets 
653 |a Law and Development 
653 |a Asymmetric Information 
653 |a Debt Markets 
653 |a Private Sector Development 
653 |a Exports 
653 |a Fixed Costs 
653 |a Trade and Regional Integration 
653 |a Trade Law 
653 |a Finance and Financial Sector Development 
653 |a Inputs 
653 |a Economic Theory and Research 
653 |a Labor Policies 
653 |a Influence 
653 |a Competition Policy 
700 1 |a Baller, Silja 
041 0 7 |a eng  |2 ISO 639-2 
989 |b WOBA  |a World Bank E-Library Archive 
856 4 0 |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4124  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This study investigates trade effects of the regional liberalization of technical barriers to trade (TBTs) in the form of harmonization and mutual recognition agreements (MRAs) for testing procedures. The theoretical part of the paper is framed in terms of a heterogeneous firms approach. This paper adds to the existing literature by formalizing the effects of MRAs and harmonization initiatives on bilateral trade flows and by applying this new theoretical framework in the empirical part of the paper. The latter consists of a two-stage gravity estimation and investigates sectoral effects of TBT liberalization on parties to the agreement as well as excluded industrial and developing countries. It finds that MRAs have a strong positive influence on both export probabilities and trade volumes for partner countries. Regarding harmonization, results seem to suggest that the impact on parties to the agreement is negligible, however that on excluded OECD countries is large and positive. Third party developing countries do not seem to benefit from the market integration effect brought about by harmonization in other regions. Overall, effects on the probability that a new firm will export are much more pronounced than effects on the trade volumes of incumbent exporters