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Member publication
The influence of standards on the Nordic economies

2018 | Menon Economics

This study gives a broad perspective on the impact of standardization in the Nordic Economies (Sweden, Denmark, Norway, Finland and Iceland. It finds, via a macroeconomic study, that standardization has contributed to increased labor productivity and GDP growth in all of the Nordic countries. It als...

Institutional publication
Labels, Food Safety and International Trade

2017 | Norbert Wilson

This paper reviews existing research on labels and food safety standards (both private and public) and their effects on food and agricultural trade. It argues that perceptions and empirical evidence around the impacts of standards have shifted from principally negative to more mixed results. Accordi...

Journal article
The roles and impacts of technical standards on economic growth and implications for innovation policy

2017 | Gregory Tassey

Modern technologies are complex systems, which creates demand for an equally complex supporting technical infrastructure that is implemented through a variety of standards affecting all stages of technology-based economic activity. The development, production, and integration of the components of te...

Member publication
Getting Aligned: How Adopting Standards Affects Canada’sProductivity and Growth

2015 | The Conference Board of Canada

This study provides a macroeconomic analysis of the relationship between standards and economic growth. Economic modeling finds that an increase in the stock of standards correlates with an increase in Gross Domestic Product (GDP)....

Member publication
Speaking the Same Technical Language: The Trade Impact of Canada's Participation in Regional Standardization Organizations

2017 | Standards Council of Canada

This study conducts an analysis of trade flows to determine whether participation in a regional standardization organization has a positive effect on trade flows....

Member publication
The Economic Benefits of Standards to New Zealand

2011 | Business and Economic Research Limited

The Standards Council of New Zealand, and several industry stakeholders, co-sponsored Business and Economic Research Ltd (BERL) to undertake a project to measure the economic effects of Standards on the New Zealand economy, in particular in the building and construction sector. The project invol...

Member publication
The Economic Impact of Standardization: Technological Change, Standards Growth in France

2009 | AFNOR

The AFNOR study, which was authored by AFNOR's Marketing and Innovation Department, comprises two dimensions: Firstly, a macroeconomic analysis in order to assess the relationship between standards and growth in the long term. This analysis is based on a methodology which was used for the first t...

The Impact of Patents and Standards on Macroeconomic Growth: A Panel Approach Cover in 4 Countries and 12 Sectors

2008 | Knut Blind

Based on the assumption that codified technological know-how contributes to economic growth, this paper presents the estimation of a Cobb-Douglas production function, pooling data from four European countries and 12 sectors. The empirical results confirm that both the stock of patents and the stock ...

Member publication
Economic Benefits of Standardization

2000 | DIN German Institute for Standardization

In recent years, technical standardization has been the subject of numerous academicresearch projects. Although these projects did not ignore economic aspects,they lacked the theoretical background necessary for a detailed analysis. Industryhas become increasingly interested in assessing its econ...

Member publication
Standards and the Economy

2006 | Centre for International Economics

This report provides an analysis, and where possible quantification, of the impact of standards on the Australian economy.


Member publication
The Economic Benefits of Standardisation

2012 | Standards Australia

The imperative for sustainable economic growth has attracted an impressive body of economic research to better understand its determinants. Driving much of this research has been the neoclassical view of outputs as a function of physical and human capital as well as productivity1. The relationshi...

Member publication
The Economic Benefits of Standardization: An update of the study carried out by DIN in 2000

2011 | Knut Blind

No abstract available 


Member publication
The Economic Contribution of Standards to the UK Economy

2015 | Centre for Economics and Business Research Limited

This report provides a comprehensive examination of how standards – in their important role as diffusers of technology and promoters of efficiency in businesses – have impacted UK economic growth. The report and underlying study were commissioned by the British Standards Institution (...

Journal article
The Economic Impact of Standards in Belgium

2020 | Caroline Buts

While several past studies have measured the impact of standards on indicators such as output and productivity for a variety of countries, a quantitative analysis that focuses on Belgium has not been performed yet. Based on a dataset containing sector level data spanning 25 years (1994-2018), the...

Institutional publication
Standards & Economic Growth: ISO Members’ Research on the Impact of Standards on Their National Economies

2021 | ISO

Many of us believe that standards have a positive impact on society, but with such a large range of standards types and topics, how can we measure this impact? ISO members around the globe have probed this question, asking ‘what is the impact of standards on our national economy’? We ...

Journal article
The influence of standards and patents on long-term economic growth

2021 | Knut Blind

Formal standards codify knowledge. Next to patents representing the generation of innovative knowledge, standards can hence be used to proxy the diffusion of innovative knowledge in macroeconomic growth models. Previous work mainly investigates the positive impact of in particular patents, but al...

Member publication
Economic Value of Standardization

2007 | Standards Council of Canada

The Standards Council of Canada (SCC) retained The Conference Board of Canada to undertake a study to examine the impact of standardization on the Canadian economy. The study was based on research methodology that was originally used in Germany (DIN 2000) and the United Kingdom (BSI 2005) and adapte...