BP 80 – Regulatory Intensity and the EU Single Market: Implications for the UK
Download Briefing Paper 80 Briefing Paper 80 - May 2024 Ruby Acquah, Mattia Di Ubaldo, Michael Gasiorek Note: For further information on the values of the Regulatory Indices for 2021, please consult the data at the 2-digit HS level. Key points Introduction Product Regulations and Directives and their Impact on International Trade How the Indices are constructed from EU Regulations and Directives Descriptive Overview of the Regulatory Intensity Indices Conclusion Key points Post-Brexit, UK producers and distributors must show compliance with EU Regulations and Directives when exporting to the EU Single Market, which includes Northern Ireland. Fulfilling these obligations can create novel costs. The Windsor Framework creates a “dual market access” position for producers in Northern Ireland, as their exports are unaffected by the new border formalities and regulatory barriers faced by either GB or EU firms when serving each other’s markets. We introduce a set of indices at the 6-digit product level that capture three categories of obligations resulting from a core list the EU Single Market Regulations and Directives. The three categories are: Technical Requirements, Conformity Assessment, and Compliance These indices can help capture the incidence and impact of EU product regulation on GB-EU trade, trade [...]
