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ECONOMIC VALUE OF UKRAINIAN POLICY ON STANDARTIZATION IN THE CONTEXT OF EURO INTGRATION PROCESS

Publication Year:

  • 2014

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Author NameUniversity of Author
Abstract (2. Language): 
The economic impact of standardization in the context of euro integration process is considerate in this article. The standards are the instrument of assistance trading development in not only commodities but also services, in the modern global world, and they also promote integrations of countries in the world economic system. Production function Cobb-Douglas and official statistics and data of Patent Foundation are used in this article. Our study shows that the impact of standardization is about 0.7% of the GDP. The urgency of this problem for Ukraine is determined.
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REFERENCES

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