Regulatory Dissimilarity: A First Look at the Newly Collected Non-Tariff Measure Database
Nabeshima, Kaoru; Obashi, Ayako | March 2019
Abstract
In this paper we construct a dissimilarity indicator to measure the degree to which a product may face different sets of regulations in two countries (the export country and the import country). Since the indicator is highly scalable, we can also construct the difference in regulations applied at the sector or country levels. In this study, we mainly utilize country-level information to compare regulatory regimes across countries to see how much a country’s set of regulations differs from the global norm. We also use this indicator to suggest a way to approach regulatory harmonisation in various regional integration efforts in East Asia. This allows us to identify which country can serve as a benchmark for regulatory harmonisation, by allowing countries to negotiate around a base set of regulations. This approach provides more concrete policy guidance on the issue of regulatory harmonisation compared to the tariff-equivalent approach.
Citation
Nabeshima, Kaoru; Obashi, Ayako. 2019. Regulatory Dissimilarity: A First Look at the Newly Collected Non-Tariff Measure Database. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/9796.Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
Trade Barriers
Free Trade
Trade
Trade Agreements
Intraregional Trade
Government Policy
Regional Organization
Regional Plans
Economic integration
Regional Development Bank
Preferential tariffs
International negotiation
Protectionist measures
Access to markets
Economic agreements
International trade law
Regional integration
Trade relations
Exports
Economic integration
Distribution
Economic integration
Development Bank
Trade policy
Small Business
Regional economics
Regional planning
Regional disparities
Interregionalism
Regional economic disparities
Regional economic blocs
Industrial arbitration
Euro
Inflation
Business
Finance
Free trade
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