Product Standards and Firms’ Export Decisions
The paper estimates the effect of product standards on firms’ export decisions using two novel datasets. The first covers all exporting firms in 42 developing countries. The second covers pesticide standards for 243 agricultural and food products i...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24657369/product-standards-firms’-export-decisions http://hdl.handle.net/10986/22202 |
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okr-10986-222022021-04-23T14:04:07Z Product Standards and Firms’ Export Decisions Fernandes, Ana M. Ferro, Esteban Wilson, John S. METHODS DEVELOPMENT RESEARCH VARIABILITY HUMAN CAPITAL EXPORT MARKETS FIRMS ACCOUNTING PRODUCTION POLICIES DOMESTIC MARKETS INTERNATIONAL TRADE THIRD MARKETS TIME RESEARCH WORKING PAPERS VALUE COMPETITIVENESS DEMAND DATA COLLECTION INFORMATION DOMESTIC MARKET INDEX MONITORING ENTERPRISE EFFECTS INCENTIVES FAIR SAMPLES LOGIC SIZE FIRM SIZE SCENARIO SAFETY STANDARDS PRICE LABOR MOBILITY MARKET TRADE LIBERALIZATION COMPANY SUPPLY CHAIN ASSOCIATIONS MARKET ACCESS INDICES ECONOMICS PROBABILITIES MEASURES CASE MACHINERY PRODUCTION PROCESS KNOWLEDGE FOREIGN MARKETS MARKET ENTRY DATA TECHNIQUES ESTIMATING INVESTMENT EVALUATION RISK METHODOLOGIES DEVELOPMENT ECONOMICS TESTS PARTNERS FOREIGN MARKET SUPPLY ENTRIES PROBABILITY DISCIPLINE PRODUCTS PRODUCTIVITY FINANCIAL SUPPORT INVESTMENTS OBSERVATION STANDARD CASES MARKETS ESTIMATES ORGANIZATIONS FIRM STRATEGIC RESEARCH SMALL FIRMS INDICATORS RESEARCH DATABASE STANDARDS PRODUCT LABOR SAFETY EXPORT MARKET ENTRY CLASSIFICATION PRICES TESTING FINANCE STORAGE The paper estimates the effect of product standards on firms’ export decisions using two novel datasets. The first covers all exporting firms in 42 developing countries. The second covers pesticide standards for 243 agricultural and food products in 63 importing countries over 2006–12. The analysis shows that product standards significantly affect foreign market access. More restrictive standards in the importing country, relative to the exporting country, lower firms’ probability of exporting as well as their export values and quantities. The relative restrictiveness of standards also deters exporting firms from entering new markets and leads to higher exit rates from those markets. Moreover, firm characteristics mediate the effect of product standards on firms’ export decisions. Smaller exporters are more negatively affected in their market entry and exit decisions by the relative stringency of standards than larger exporters. Positive network effects of exporters from the same country may help reduce the burden of importing countries’ standards on firms’ decisions to enter new markets. 2015-07-17T16:17:30Z 2015-07-17T16:17:30Z 2015-06 Working Paper http://documents.worldbank.org/curated/en/2015/06/24657369/product-standards-firms’-export-decisions http://hdl.handle.net/10986/22202 English en_US Policy Research Working Paper;No. 7315 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
METHODS DEVELOPMENT RESEARCH VARIABILITY HUMAN CAPITAL EXPORT MARKETS FIRMS ACCOUNTING PRODUCTION POLICIES DOMESTIC MARKETS INTERNATIONAL TRADE THIRD MARKETS TIME RESEARCH WORKING PAPERS VALUE COMPETITIVENESS DEMAND DATA COLLECTION INFORMATION DOMESTIC MARKET INDEX MONITORING ENTERPRISE EFFECTS INCENTIVES FAIR SAMPLES LOGIC SIZE FIRM SIZE SCENARIO SAFETY STANDARDS PRICE LABOR MOBILITY MARKET TRADE LIBERALIZATION COMPANY SUPPLY CHAIN ASSOCIATIONS MARKET ACCESS INDICES ECONOMICS PROBABILITIES MEASURES CASE MACHINERY PRODUCTION PROCESS KNOWLEDGE FOREIGN MARKETS MARKET ENTRY DATA TECHNIQUES ESTIMATING INVESTMENT EVALUATION RISK METHODOLOGIES DEVELOPMENT ECONOMICS TESTS PARTNERS FOREIGN MARKET SUPPLY ENTRIES PROBABILITY DISCIPLINE PRODUCTS PRODUCTIVITY FINANCIAL SUPPORT INVESTMENTS OBSERVATION STANDARD CASES MARKETS ESTIMATES ORGANIZATIONS FIRM STRATEGIC RESEARCH SMALL FIRMS INDICATORS RESEARCH DATABASE STANDARDS PRODUCT LABOR SAFETY EXPORT MARKET ENTRY CLASSIFICATION PRICES TESTING FINANCE STORAGE |
| spellingShingle |
METHODS DEVELOPMENT RESEARCH VARIABILITY HUMAN CAPITAL EXPORT MARKETS FIRMS ACCOUNTING PRODUCTION POLICIES DOMESTIC MARKETS INTERNATIONAL TRADE THIRD MARKETS TIME RESEARCH WORKING PAPERS VALUE COMPETITIVENESS DEMAND DATA COLLECTION INFORMATION DOMESTIC MARKET INDEX MONITORING ENTERPRISE EFFECTS INCENTIVES FAIR SAMPLES LOGIC SIZE FIRM SIZE SCENARIO SAFETY STANDARDS PRICE LABOR MOBILITY MARKET TRADE LIBERALIZATION COMPANY SUPPLY CHAIN ASSOCIATIONS MARKET ACCESS INDICES ECONOMICS PROBABILITIES MEASURES CASE MACHINERY PRODUCTION PROCESS KNOWLEDGE FOREIGN MARKETS MARKET ENTRY DATA TECHNIQUES ESTIMATING INVESTMENT EVALUATION RISK METHODOLOGIES DEVELOPMENT ECONOMICS TESTS PARTNERS FOREIGN MARKET SUPPLY ENTRIES PROBABILITY DISCIPLINE PRODUCTS PRODUCTIVITY FINANCIAL SUPPORT INVESTMENTS OBSERVATION STANDARD CASES MARKETS ESTIMATES ORGANIZATIONS FIRM STRATEGIC RESEARCH SMALL FIRMS INDICATORS RESEARCH DATABASE STANDARDS PRODUCT LABOR SAFETY EXPORT MARKET ENTRY CLASSIFICATION PRICES TESTING FINANCE STORAGE Fernandes, Ana M. Ferro, Esteban Wilson, John S. Product Standards and Firms’ Export Decisions |
| relation |
Policy Research Working Paper;No. 7315 |
| description |
The paper estimates the effect of
product standards on firms’ export decisions using two novel
datasets. The first covers all exporting firms in 42
developing countries. The second covers pesticide standards
for 243 agricultural and food products in 63 importing
countries over 2006–12. The analysis shows that product
standards significantly affect foreign market access. More
restrictive standards in the importing country, relative to
the exporting country, lower firms’ probability of exporting
as well as their export values and quantities. The relative
restrictiveness of standards also deters exporting firms
from entering new markets and leads to higher exit rates
from those markets. Moreover, firm characteristics mediate
the effect of product standards on firms’ export decisions.
Smaller exporters are more negatively affected in their
market entry and exit decisions by the relative stringency
of standards than larger exporters. Positive network effects
of exporters from the same country may help reduce the
burden of importing countries’ standards on firms’ decisions
to enter new markets. |
| format |
Working Paper |
| author |
Fernandes, Ana M. Ferro, Esteban Wilson, John S. |
| author_facet |
Fernandes, Ana M. Ferro, Esteban Wilson, John S. |
| author_sort |
Fernandes, Ana M. |
| title |
Product Standards and Firms’ Export Decisions |
| title_short |
Product Standards and Firms’ Export Decisions |
| title_full |
Product Standards and Firms’ Export Decisions |
| title_fullStr |
Product Standards and Firms’ Export Decisions |
| title_full_unstemmed |
Product Standards and Firms’ Export Decisions |
| title_sort |
product standards and firms’ export decisions |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/06/24657369/product-standards-firms’-export-decisions http://hdl.handle.net/10986/22202 |
| _version_ |
1764450415113404416 |