Mutual recognition of standards and international trade: what can we learn from the Organic Equivalency Policies?
(2017) NEKN01 20171Department 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)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8924647
- author
- Eriksson, Amanda LU
- supervisor
- organization
- course
- NEKN01 20171
- year
- 2017
- 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}}, language = {{eng}}, note = {{Student Paper}}, title = {{Mutual recognition of standards and international trade: what can we learn from the Organic Equivalency Policies?}}, year = {{2017}}, }