International standards and international trade evidence from Caricom economies

This paper analyzed the relationship between international standards and international trade between United States, a developed economy and countries in Caricom, a regional integration movement of small, developing economies in the Caribbean. The empirical literature on the relationship between stan...

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Detalles Bibliográficos
Autor principal: Densil Williams
Formato: Artículo científico
Publicado: Centro de Investigaciones Comerciales e Iniciativas Académicas 2012
Materias:
Acceso en línea:http://www.redalyc.org/articulo.oa?id=63125563001
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pr/pr-004&d=63125563001oai
Aporte de:
id I16-R122-63125563001oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Administración y Contabilidad
International standards
Caricom
trade
panel data
spellingShingle Administración y Contabilidad
International standards
Caricom
trade
panel data
Densil Williams
International standards and international trade evidence from Caricom economies
topic_facet Administración y Contabilidad
International standards
Caricom
trade
panel data
description This paper analyzed the relationship between international standards and international trade between United States, a developed economy and countries in Caricom, a regional integration movement of small, developing economies in the Caribbean. The empirical literature on the relationship between standards and international trade is very limited. This is especially so for small, developing economies like those in Caricom. To advance this literature, the paper used an augmented gravity model with panel data for 14 Caricom countries for the period 1991-2009 to test the relationship. The estimated model showed that economic size and distance, not international standards, are the most significant factors that determine trade flows between Caricom and the United States. In other words, international standard of quality is treated as a sunk cost in conducting international business/trade.
format Artículo científico
Artículo científico
author Densil Williams
author_facet Densil Williams
author_sort Densil Williams
title International standards and international trade evidence from Caricom economies
title_short International standards and international trade evidence from Caricom economies
title_full International standards and international trade evidence from Caricom economies
title_fullStr International standards and international trade evidence from Caricom economies
title_full_unstemmed International standards and international trade evidence from Caricom economies
title_sort international standards and international trade evidence from caricom economies
publisher Centro de Investigaciones Comerciales e Iniciativas Académicas
publishDate 2012
url http://www.redalyc.org/articulo.oa?id=63125563001
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pr/pr-004&d=63125563001oai
work_keys_str_mv AT densilwilliams internationalstandardsandinternationaltradeevidencefromcaricomeconomies
bdutipo_str Repositorios
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