Do Non-Tariff Measures Matter? Assessing the Impact of Technical Measures to Trade on the Exports of Pakistan' , authored by Dr. Aadil Nakhoda
A chapter titled 'Do Non-Tariff Measures Matter? Assessing the Impact of Technical Measures to Trade on the Exports of Pakistan' , authored by Dr. Aadil Nakhoda (Assistant Professor and Research Fellow (CBER)), has been published in United Nations Conference on Trade and Development's (UNCTAD) new book on non-tariff measures (NTMs).
The following is the link to the book. Please find Dr Nakhoda's article in Chapter 11.
Following has been summarized by the editors:
In chapter 11, Nakhoda employs a novel approach to identify the impact of NTMs on international trade patterns. He tests the hypothesis that NTMs become less restrictive for products in which countries have a relatively larger market share. To do so, he develops an index based on the concept of exporter-importer bias (the relative importance of a product on the importer and exporter basket) and applies it to identify the impact of SPS and TBT measures on Pakistan's exports. The results indicate that while both SPS and TBT measures matter for Pakistan's exports, their impact varies with the level of the exporter-importer bias. In particular, exporting firms appear more likely to comply with the SPS measures of their main trading partners and more so in markets that also face lower levels of stringency of regulations. This is generally not found to be the case for TBTs.