The Effects of Adopting New Technical Regulations on the Domestic Companies' Recognition and Response: Focusing on the Change of Standards Based on Korea-EU FTA

Park,  SoonAe; 탁현우

This study aims to examine the effects of the introduction of new policy standards following the Korea-EU Free Trade Agreement (FTA) through a survey of firms that produce items covered by 21 EU directives. The results of the analysis of responses from 146 firms are as follows. First, in terms of the economic impact of the adoption of EU technical regulations, there are training and technical development costs as well as costs such as certification for compliance with the new regulations and production costs. At the same time, there are also benefits – rising corporate sales or exports and long-term technical development. Second, regarding the response of firms to the new technical regulations, the more the firms are familiar with the EU directives and want integration of technical regulations, the more positively they view the adoption of EU technical regulations. In the future, as more FTAs are expected to be signed or negotiated with various countries, political support will be required to minimize the costs in the early stages of adopting new technical regulations, along with active efforts to increase understanding through the provision of information to domestic companies about standards in partner countries.

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* 2021년 이후 발행 논문의 참고문헌은 현재 구축 중입니다.

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