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Mutual recognition of standards and international trade: what can we learn from the Organic Equivalency Policies?

Eriksson, Amanda LU (2017) NEKN01 20171
Department of Economics
Abstract (Swedish)
The development of product standards and their widespread adoption can play a vital role in facilitating transactions and enhancing trade, both domestically and internationally. This paper aims to examine whether mutual recognition of product standards could facilitate international trade of organic products. The measure of mutual standards used in this thesis is a number of organic equivalency arrangements between the United States and five of its trading partners. The relationship is estimated by applying Pseudo-Poisson Maximum Likelihood and Ordinary Least Squares to the gravity model of trade. The data sets include organic trade data between the United States and around 60 of its trade partners during 2011-2016. This study does not... (More)
The development of product standards and their widespread adoption can play a vital role in facilitating transactions and enhancing trade, both domestically and internationally. This paper aims to examine whether mutual recognition of product standards could facilitate international trade of organic products. The measure of mutual standards used in this thesis is a number of organic equivalency arrangements between the United States and five of its trading partners. The relationship is estimated by applying Pseudo-Poisson Maximum Likelihood and Ordinary Least Squares to the gravity model of trade. The data sets include organic trade data between the United States and around 60 of its trade partners during 2011-2016. This study does not find an effect on imports. However, my findings suggest that there may be a positive impact of an equivalence of standards on exports. (Less)
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author
Eriksson, Amanda LU
supervisor
organization
course
NEKN01 20171
year
type
H1 - Master's Degree (One Year)
subject
keywords
Gravity model, United States, Organic equivalency policies, Organic trade, Mutual recognition standards.
language
English
id
8924647
date added to LUP
2017-09-12 11:54:18
date last changed
2017-09-12 11:54:18
@misc{8924647,
  abstract     = {The development of product standards and their widespread adoption can play a vital role in facilitating transactions and enhancing trade, both domestically and internationally. This paper aims to examine whether mutual recognition of product standards could facilitate international trade of organic products. The measure of mutual standards used in this thesis is a number of organic equivalency arrangements between the United States and five of its trading partners. The relationship is estimated by applying Pseudo-Poisson Maximum Likelihood and Ordinary Least Squares to the gravity model of trade. The data sets include organic trade data between the United States and around 60 of its trade partners during 2011-2016. This study does not find an effect on imports. However, my findings suggest that there may be a positive impact of an equivalence of standards on exports.},
  author       = {Eriksson, Amanda},
  keyword      = {Gravity model,United States,Organic equivalency policies,Organic trade,Mutual recognition standards.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Mutual recognition of standards and international trade: what can we learn from the Organic Equivalency Policies?},
  year         = {2017},
}