Technical regulation and trade: Export quality matters
This study develops an approach for quantifying the importance of exporter product quality in the effects of the technical regulations of an importing country on bilateral trade flows. In this framework, the dual effects of technical regulation as the demand‐enhancing effect through reduced informat...
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| Veröffentlicht in: | World economy 2022-05, Vol.45 (5), p.1447-1476 |
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| creator | Hyun, Hea‐Jung Jang, Yong Joon |
| description | This study develops an approach for quantifying the importance of exporter product quality in the effects of the technical regulations of an importing country on bilateral trade flows. In this framework, the dual effects of technical regulation as the demand‐enhancing effect through reduced information asymmetry and the trade‐impeding effect from adaptation to different standards are identified. Using bilateral nontariff data for 74 countries at product levels from 1996 to 2014, we find that technical regulation can reduce exports, particularly in markets that have imposed technical regulations more frequently than exporting countries, but increase exports of high‐quality products. This result is confirmed across different income groups and technology, highlighting the importance of the trade‐promoting effect of technical regulation through increases in perceived quality. |
| doi_str_mv | 10.1111/twec.13188 |
| format | Article |
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This result is confirmed across different income groups and technology, highlighting the importance of the trade‐promoting effect of technical regulation through increases in perceived quality.</description><subject>Asymmetric information</subject><subject>Economic analysis</subject><subject>Exports</subject><subject>gravity model</subject><subject>International trade</subject><subject>product quality</subject><subject>Quality</subject><subject>Regulation</subject><subject>technical regulation</subject><subject>Technology</subject><subject>trade</subject><subject>Trade flows</subject><issn>0378-5920</issn><issn>1467-9701</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2022</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>7UB</sourceid><recordid>eNp90E1Lw0AQBuBFFKzVi78g4E1IndlN9sOblPoBBS8Vj8tms9WUNGl3N9T8e1MjeHMYmMvDO_ASco0ww2Hu4sHZGTKU8oRMMOMiVQLwlEyACZnmisI5uQhhA4A8ozAhfOXsZ1NZUyfefXS1iVXbJKYpk-hN6e6Txdeu9THZd6auYp9sTYzOh0tytjZ1cFe_d0reHher-XO6fH16mT8sU8soyjQTlJcqk4hWICqlilw4ZkyOzOaGQgm8WKMDsIWQTnCKThZMUiVKXgpZsim5GXN3vt13LkS9aTvfDC815TlTEhRXg7odlfVtCN6t9c5XW-N7jaCPvehjL_qnlwEnI3a2barwRyWA5GLYgeBIDlXt-n_C9Op9MR9jvwF9b24l</recordid><startdate>202205</startdate><enddate>202205</enddate><creator>Hyun, Hea‐Jung</creator><creator>Jang, Yong Joon</creator><general>Blackwell Publishing Ltd</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>7UB</scope><scope>8BJ</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0001-5132-445X</orcidid><orcidid>https://orcid.org/0000-0001-5338-9804</orcidid></search><sort><creationdate>202205</creationdate><title>Technical regulation and trade: Export quality matters</title><author>Hyun, Hea‐Jung ; Jang, Yong Joon</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3218-4726d94811c711999b57e3aa513c5a20d06bf1e00cb78e7621e8b38297d6d78d3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2022</creationdate><topic>Asymmetric information</topic><topic>Economic analysis</topic><topic>Exports</topic><topic>gravity model</topic><topic>International trade</topic><topic>product quality</topic><topic>Quality</topic><topic>Regulation</topic><topic>technical regulation</topic><topic>Technology</topic><topic>trade</topic><topic>Trade flows</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Hyun, Hea‐Jung</creatorcontrib><creatorcontrib>Jang, Yong Joon</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>PAIS Index</collection><collection>Worldwide Political Science Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>World economy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Hyun, Hea‐Jung</au><au>Jang, Yong Joon</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Technical regulation and trade: Export quality matters</atitle><jtitle>World economy</jtitle><date>2022-05</date><risdate>2022</risdate><volume>45</volume><issue>5</issue><spage>1447</spage><epage>1476</epage><pages>1447-1476</pages><issn>0378-5920</issn><eissn>1467-9701</eissn><abstract>This study develops an approach for quantifying the importance of exporter product quality in the effects of the technical regulations of an importing country on bilateral trade flows. 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| ispartof | World economy, 2022-05, Vol.45 (5), p.1447-1476 |
| issn | 0378-5920 1467-9701 |
| language | eng |
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| source | PAIS Index; Worldwide Political Science Abstracts; EBSCOhost Business Source Complete; Access via Wiley Online Library; EBSCOhost Political Science Complete |
| subjects | Asymmetric information Economic analysis Exports gravity model International trade product quality Quality Regulation technical regulation Technology trade Trade flows |
| title | Technical regulation and trade: Export quality matters |
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