ECONOMIC IMPACT OF QUALITY CERTIFICATION OF INDUSTRIAL PRODUCTS ON THE BRAZILIAN DOMESTIC MARKET |
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| Jaime M. Ticona, Mauricio N. Frota |
- Abstract:
- Abstract: This work reviews the economics of standards, conformity assessment procedures and the trade of Brazilian industrial products. It also evaluates the associated economic impact resulted from their product certification based on international best practices. Four leading products were chosen: steel, bus coachwork, automotive tires and cement. The production time series of these products (made available by governmental agencies) were fitted by means of the multiple linear regression method. The method was successfully applied at a 5% level of significance (a probability value –p-value– lower than 0.05 guarantees the existence of non-zero polynomial coefficients).
The simulation investigated the combined economic impact of (i) the regionalization process that has led to the establishment of a common market in the South Cone (Mercosur); (ii) the exposure of the Brazilian market to international trade competition (the opening up of the Brazilian economy in the 1990’s); (iii) product certification and (iv) the monetary inflation in Brazil, in the period. Each individual impact was documented. The product certification proved to be beneficial as 15.1% growth in production of cement, 12.4 % in steel, 11% in automotive tires and 13.3 % in bus coachwork were observed. - Keywords:
- product certification, metrology, economic impact, Brazilian industrial products, multiple linear regression
- Download:
- PWC-2006-TC7-025u.pdf
- DOI:
- -
- Event details
- Event name:
- XVIII IMEKO World Congress
- Title:
Metrology for a Sustainable Development
- Place:
- Rio de Janeiro, BRAZIL
- Time:
- 17 September 2006 - 22 September 2006