TY - JOUR
T1 - Impact of Regulatory Burdens on International Trade
AU - Nabeshima, Kaoru
AU - Obashi, Ayako
N1 - Funding Information:
For helpful conversations and feedback, we thank Masahito Ambashi, Mitsuyo Ando, Tibor Besedes, Kaoru Hosono, Tomohiko Inui, Toshiyuki Matsuura, Daisuke Miyakawa, Kentaro Nakajima, Koki Oikawa, Tsunehiro Otsuki, Hisamitsu Saito, Yasuyuki Todo, Shujiro Urata, Kenta Yamanouchi, Nobu Yamashita, and participants at the Waseda–ERIA workshop on Export Competitiveness of Manufacturing Industries in East Asia, the Keio International Economics Workshop, the 6th Tokyo Trade and Network Workshop organised by Waseda and Gakushuin universities, and the WEAI 2019 International Conference. We also thank two anonymous referees for their useful comments. This work was supported by a Japan Society for the Promotion of Science (JSPS) Grant-in-Aid for Scientific Research (c). All remaining errors are ours.
Funding Information:
For helpful conversations and feedback, we thank Masahito Ambashi, Mitsuyo Ando, Tibor Besedes, Kaoru Hosono, Tomohiko Inui, Toshiyuki Matsuura, Daisuke Miyakawa, Kentaro Nakajima, Koki Oikawa, Tsunehiro Otsuki, Hisamitsu Saito, Yasuyuki Todo, Shujiro Urata, Kenta Yamanouchi, Nobu Yamashita, and participants at the Waseda?ERIA workshop on Export Competitiveness of Manufacturing Industries in East Asia, the Keio International Economics Workshop, the 6th Tokyo Trade and Network Workshop organised by Waseda and Gakushuin universities, and the WEAI 2019 International Conference. We also thank two anonymous referees for their useful comments. This work was supported by a Japan Society for the Promotion of Science (JSPS) Grant-in-Aid for Scientific Research (c). All remaining errors are ours.
Publisher Copyright:
© 2020 Elsevier Ltd
PY - 2021/3
Y1 - 2021/3
N2 - In this paper, we develop the additional compliance requirement indicator (ACRI) to quantify the extra regulatory requirements that an exporter may face when serving the foreign country's market. The higher the value of ACRI, the greater the difference between the sets of technical measures in the destination and origin countries. Employing the ACRI, we estimate the impact on trade of regulatory burdens via product-level bilateral gravity equations. We find a significant negative impact of regulatory burdens on bilateral trade for a full sample, but the estimated trade effects vary across sectors and depend on the development levels of the trading countries.
AB - In this paper, we develop the additional compliance requirement indicator (ACRI) to quantify the extra regulatory requirements that an exporter may face when serving the foreign country's market. The higher the value of ACRI, the greater the difference between the sets of technical measures in the destination and origin countries. Employing the ACRI, we estimate the impact on trade of regulatory burdens via product-level bilateral gravity equations. We find a significant negative impact of regulatory burdens on bilateral trade for a full sample, but the estimated trade effects vary across sectors and depend on the development levels of the trading countries.
KW - compliance requirement
KW - international trade
KW - Non-tariff measures
KW - sanitary and phytosanitary standard (SPS)
KW - technical barriers to trade (TBT)
KW - technical regulations
UR - http://www.scopus.com/inward/record.url?scp=85106802631&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85106802631&partnerID=8YFLogxK
U2 - 10.1016/j.jjie.2020.101120
DO - 10.1016/j.jjie.2020.101120
M3 - Article
AN - SCOPUS:85106802631
SN - 0889-1583
VL - 59
JO - Journal of The Japanese and International Economies
JF - Journal of The Japanese and International Economies
M1 - 101120
ER -