Beyond the Information Technology Agreement: Harmonization of Standards and Trade in Electronics

36 Pages Posted: 20 Apr 2016

See all articles by Alberto Portugal-Perez

Alberto Portugal-Perez

World Bank

Jose-Daniel Reyes

affiliation not provided to SSRN

John S. Wilson

World Bank - Development Research Group (DECRG)

Date Written: April 1, 2009

Abstract

Product standards can have a dual impact on production and trade costs. Standards may impose additional costs on exporters as it may be necessary to adapt products for specific markets (cost-effect). In contrast, standards can reduce exporters' information costs if they convey information on industrial requirements or consumer tastes that would be costly to collect in the absence of standards (informational-effect). Using a new World Bank database of European standards for electronic products, the authors examine the impact of internationally-harmonized European standards on European Union imports. They find that European Union standards for electronic products that are harmonized to international standards have a positive and significant effect on trade. The results suggest that efforts to promote trade in electronic products could be complemented by steps to promote standards harmonization. This might include, for example, re-starting talks to extend the Information Technology Agreement to non-tariff measures and commitments to harmonize national standards in electronic products.

Keywords: Information Security & Privacy, Technology Industry, Scientific Research & Science Parks, Science Education, Labor Policies

Suggested Citation

Portugal-Perez, Alberto and Reyes, Jose-Daniel and Wilson, John S., Beyond the Information Technology Agreement: Harmonization of Standards and Trade in Electronics (April 1, 2009). World Bank Policy Research Working Paper No. 4916, Available at SSRN: https://ssrn.com/abstract=1401221

Alberto Portugal-Perez (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Jose-Daniel Reyes

affiliation not provided to SSRN

No Address Available

John S. Wilson

World Bank - Development Research Group (DECRG) ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

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