"The Effects of Mutual Recognition Agreements on Firm-Level International Trade"

点击翻译按钮获取中文摘要

Mutual recognition agreements (MRAs) make it easier for exporters to demonstratethat their products satisfy all regulations required for access to a foreign market. Thispaper examines the effects of MRAs on firm-level international trade. It finds, using anew identification strategy, that the direct effects of MRAs on firms increase firm-productexport values by around 20 percent. Firm-product export volumes also increase, as dothe probabilities that a firm exports, starts to export or continues to export an affectedproduct.