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The Costs Of Compliance With Product Standards For Firms In Developing Countries
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Book Synopsis The Cost of Compliance with Product Standards for Firms in Developing Countries by : Keith Eugene Maskus
Download or read book The Cost of Compliance with Product Standards for Firms in Developing Countries written by Keith Eugene Maskus and published by World Bank Publications. This book was released on 2005 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Standards and technical regulations exist to protect consumer safety or to achieve other goals, such as ensuring the interoperability of telecommunications systems, for example. Standards and technical regulations can, however, raise substantially both start-up and production costs for firms. Maskus, Otsuki, and Wilson develop econometric models to provide the first estimates of the incremental production costs for firms in developing nations in conforming to standards imposed by major importing countries. They use firm-level data generated from 16 developing countries in the World Bank Technical Barriers to Trade (TBT) Survey Database. Their findings indicate that standards do increase short-run production costs by requiring additional inputs of labor and capital. A 1 percent increase in investment to meet compliance costs in importing countries raises variable production costs by between 0.06 and 0.13 percent, a statistically significant increase. The authors also find that the fixed costs of compliance are nontrivial-approximately.
Book Synopsis The Cost of Compliance with Product Standards for Firms in Developing Countries by : Keith E. Maskus
Download or read book The Cost of Compliance with Product Standards for Firms in Developing Countries written by Keith E. Maskus and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Standards and technical regulations exist to protect consumer safety or to achieve other goals, such as ensuring the interoperability of telecommunications systems, for example. Standards and technical regulations can, however, raise substantially both start-up and production costs for firms. Maskus, Otsuki, and Wilson develop econometric models to provide the first estimates of the incremental production costs for firms in developing nations in conforming to standards imposed by major importing countries. They use firm-level data generated from 16 developing countries in the World Bank Technical Barriers to Trade (TBT) Survey Database. Their findings indicate that standards do increase short-run production costs by requiring additional inputs of labor and capital. A 1 percent increase in investment to meet compliance costs in importing countries raises variable production costs by between 0.06 and 0.13 percent, a statistically significant increase. The authors also find that the fixed costs of compliance are nontrivial-approximately $425,000 per firm, or about 4.7 percent of value added on average. The results may be interpreted as one indication of the extent to which standards and technical regulations might constitute barriers to trade. While the relative impact on costs of compliance is relatively small, these costs can be decisive factors driving export success for companies. In this context, there is scope for considering that the costs associated with more limited exports to countries with import regulations may not conform to World Trade Organization rules encouraging harmonization of regulations to international standards, for example. Policy solutions then might be sought by identifying the extent to which subsidies or public support programs are needed to offset the cost disadvantage that arises from nonharmonized technical regulations.
Book Synopsis Quality Systems and Standards for a Competitive Edge by :
Download or read book Quality Systems and Standards for a Competitive Edge written by and published by World Bank Publications. This book was released on 2007 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book responds to the challenge of providing a comprehensive account of quality systems for private sector development: what works and what doesnt on the ground, and why. This volume provides a thorough analysis of the diversity of institutions, linkages, and arrangements involved in quality systems, identifying success factors in countries quality strategies. It explains why quality and standards matter for export growth, for productivity, for industrial upgrading, and for diffusion of innovation, all central ingredients in improving economic growth and generating real gains in poverty reduction. It provides a detailed blue print for implementing effective National Quality Systems. Quality and Standards Matter is a valuable tool for policymakers confronted with the challenges of building trade competitiveness in the new global economy.
Book Synopsis International Standardization and the Agreement on Technical Barriers to Trade by : Andrea Barrios Villarreal
Download or read book International Standardization and the Agreement on Technical Barriers to Trade written by Andrea Barrios Villarreal and published by Cambridge University Press. This book was released on 2018-10-04 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Standardization and the Agreement on Technical Barriers to Trade examines the international standardization system generally, with a specific focus on some of the bodies within this system, along with their rules and procedures. It also examines - and questions - the lack of definition regarding several features related to the system, notably an international standardizing body (ISB) and international standards in the Agreement on Technical Barriers to Trade (TBT). Andrea Barrios Villarreal, who has been involved in standardization activities for more than seven years, provides a unique and in-depth analysis that will be useful to scholars, students and practitioners. This illuminating work is a welcome addition to the international economic law literature and should be read by anyone with an interest in the interaction between trade law and international standardization.
Book Synopsis The Cambridge Handbook of Compliance by : Benjamin van Rooij
Download or read book The Cambridge Handbook of Compliance written by Benjamin van Rooij and published by Cambridge University Press. This book was released on 2021-05-20 with total page 1559 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compliance has become key to our contemporary markets, societies, and modes of governance across a variety of public and private domains. While this has stimulated a rich body of empirical and practical expertise on compliance, thus far, there has been no comprehensive understanding of what compliance is or how it influences various fields and sectors. The academic knowledge of compliance has remained siloed along different disciplinary domains, regulatory and legal spheres, and mechanisms and interventions. This handbook bridges these divides to provide the first one-stop overview of what compliance is, how we can best study it, and the core mechanisms that shape it. Written by leading experts, chapters offer perspectives from across law, regulatory studies, management science, criminology, economics, sociology, and psychology. This volume is the definitive and comprehensive account of compliance.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Book Synopsis The Impact of Regulatory Costs on Small Firms by : Nicole V. Crain
Download or read book The Impact of Regulatory Costs on Small Firms written by Nicole V. Crain and published by DIANE Publishing. This book was released on 2005 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. The annual cost of federal regulations in the U.S. increased to more than $1.75 trillion in 2008. Had every U.S. household paid an equal share of the federal regulatory burden, each would have owed $15,586 in 2008. While all citizens and businesses pay some portion of these costs, the distribution of the burden of regulations is quite uneven. The portion of regulatory costs that falls initially on businesses was $8,086 per employee in 2008. Small businesses, defined as firms employing fewer than 20 employees, bear the largest burden of federal regulations. This report shows that as of 2008, small businesses face an annual regulatory cost of $10,585 per employee, which is 36% higher than the regulatory cost facing large firms (500+ employees). Ill.
Book Synopsis Preferential Trade Agreement Policies for Development by : Jean-Pierre Chauffour
Download or read book Preferential Trade Agreement Policies for Development written by Jean-Pierre Chauffour and published by World Bank Publications. This book was released on 2011-06-22 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook offers an introduction to the key elements of Preferential Trade Agreements (PTAs), addressing the practical economic and legal aspects of the regulatory policies in PTAs.
Book Synopsis product standards,harmonization,and trade: evidence from the extensive margin by : Ben Shepherd
Download or read book product standards,harmonization,and trade: evidence from the extensive margin written by Ben Shepherd and published by World Bank Publications. This book was released on 2007 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The author uses a new database of EU product standards in the textiles, clothing, and footwear sectors to present the first empirical evidence that international standards harmonization is associated with increased partner country export variety. A 10 percentage point increase in the proportion of internationally harmonized standards is associated with a 0.2 percent increase in partner country export variety, whereas a 10 percent increase in the total number of standards is associated with a nearly 6 percent decrease in product variety. Although small, the harmonization elasticity is statistically significant, and proves highly robust to sample changes and instrumental variables estimation using instruments motivated by political economy considerations. Moreover, it is found to be around 50 percent higher for low income countries, which suggests that they may be particularly constrained in adapting products to meet multiple standards. Numerical simulations show that these findings are consistent with a heterogeneous firms model of trade in which harmonization is beneficial at the extensive margin provided that any increases in compliance costs are not too large.
Book Synopsis The World Bank Research Program, 2005-2007 by :
Download or read book The World Bank Research Program, 2005-2007 written by and published by World Bank Publications. This book was released on 2008 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Book Synopsis Opening Standards by : Laura DeNardis
Download or read book Opening Standards written by Laura DeNardis and published by MIT Press. This book was released on 2011 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic and political stakes in the current heated debates over "openness" and open standards in the Internet's architecture.
Author :John Christopher Beghin Publisher :World Scientific Publishing Company ISBN 13 :9813144416 Total Pages :393 pages Book Rating :4.8/5 (131 download)
Book Synopsis Nontariff Measures and International Trade by : John Christopher Beghin
Download or read book Nontariff Measures and International Trade written by John Christopher Beghin and published by World Scientific Publishing Company. This book was released on 2016-11-28 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nontariff Measures and International Trade includes 20 chapters authored by John Beghin and co-authors over the last 20 years on the economics of quality-standard like nontariff measures in the context of international trade. This book provides a coherent and comprehensive treatment of these nontariff measures, from their measurement to their effects on trade and welfare. In Part I, the authors use different perspectives to make the case that, unlike tariffs, quality-standard like nontariff measures are complex to measure and analyze and do not easily lead to general policy prescriptions. Then, Part II contains contributions on measurements of welfare and trade effects of nontariff measures, accounting for potential market imperfections. Part III presents chapters on the potential protectionism of nontariff measures when they are used to favor some economic agents over society. The last part presents cases studies of nontariff measures in different industries, markets, and countries.
Book Synopsis Global Economic Prospects and the Developing Countries 2001 by :
Download or read book Global Economic Prospects and the Developing Countries 2001 written by and published by World Bank Publications. This book was released on 2001-01-01 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report deals with three issues that are central challenges facing developing countries as they participate in the global trading system. They include: the expansion of global trade; the appropriate coverage of standards for health and safety, labor practices, environmental protection, and intellectual property rights; and the impact of technological innovations through an exploration of electronic commerce for trade and production in developing countries.
Author :United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Competition Policy Publisher : ISBN 13 : Total Pages :112 pages Book Rating :4.:/5 (327 download)
Book Synopsis Impact of China's Antitrust Law and Other Competition Policies on U.S. Companies by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Competition Policy
Download or read book Impact of China's Antitrust Law and Other Competition Policies on U.S. Companies written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Competition Policy and published by . This book was released on 2010 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Standards and Agro-food Exports from Developing Countries by : Steven Jaffee
Download or read book Standards and Agro-food Exports from Developing Countries written by Steven Jaffee and published by World Bank Publications. This book was released on 2004 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proliferation and increased stringency of food safety and agricultural health standards is a source of concern among many developing countries. These standards are perceived as a barrier to the continued success of their exports of high-value agro-food products (including fish, horticultural, and other products), either because these countries lack the technical and administrative capacities needed for compliance or because these standards can be applied in a discriminatory or protectionist manner. Jaffee and Henson draw on available literature and work in progress to examine the underlying evidence related to the changing standards environment and its impact on existing and potential developing country exporters of high-value agricultural and food products. The evidence the authors present, while only partial, suggests that the picture for developing countries as a whole is not necessarily problematic and certainly less pessimistic than the mainstream "standards-as-barriers" perspective. Indeed, rising standards serve to accentuate underlying supply chain strengths and weaknesses and thus impact differently on the competitive position of individual countries and distinct market participants. Some countries and industries are even using high quality and safety standards to successfully (re- )position themselves in competitive global markets. This emphasizes the importance of considering the effects of food safety and agricultural health measures within the context of wider capacity constraints and underlying supply chain trends and drivers. The key question for developing countries is how to exploit their strengths and overcome their weaknesses such that they are gainers rather than losers in the emerging commercial and regulatory context. This paper--a product of the International Trade Department, Poverty Reduction and Economic Management Network--is part of a larger effort in the network to understand the challenges and opportunities facing developing countries associated with evolving international standards for food and other products.
Book Synopsis Trade Infrastructure and Economic Development by : David Olusanya Ajakaiye
Download or read book Trade Infrastructure and Economic Development written by David Olusanya Ajakaiye and published by Taylor & Francis. This book was released on 2012-03-12 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: As one reviewer noted, this book fills a huge void in the literature and provides a single, rich and comprehensive source for the framework to analyzing the major impediments for export sector to contribute to the development and growth of countries in Africa and other developing regions. The editors are the lead figures at the AERC.
Book Synopsis The Political Economy of the World Trading System by : Bernard M. Hoekman
Download or read book The Political Economy of the World Trading System written by Bernard M. Hoekman and published by Oxford University Press. This book was released on 2009 with total page 765 pages. Available in PDF, EPUB and Kindle. Book excerpt: New to this edition.
