Regulatory harmonization with the European Union: Opportunity or threat to Moroccan firms? * †
Domaine:
socioeconomicType de record:
paperdataset
Créateur:
AugCadDov
Éditeur:
AixAix
Sch
SchÉditeur:
CCSD
Hôte:
International audience
This paper combines a database on non-tari measures (NTMs) with Morocco's rm-level census to explore the eect of regulatory harmonization with the E.U. on rms' outcomes. Exploiting cross-sectoral variation in the timing and extent of regulatory harmonization, we nd that harmonization waves correlate with rises in productivity, with higher markups and with greater numbers of export- ing rms. These eects were reinforced by an induced market-structure change: harmonization temporarily protected the Moroccan market from competition from low-end producers in other developing countries, who took time to adapt. We identify these eects through changes in both trade patterns and rm-level outcomes.
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