ICES Workshop & WSC Academic Day 2011

The Role of Standardization in Perspective of Economics.

Prof. Song Mingshun

China Jiliang University

标准化与知识产权管理

ContentsContents

1.Standards in Reality1.Standards in Reality

2.Reviews of Standard Economics2.Reviews of Standard Economics

3.Looking Forward3.Looking Forward

标准化与知识产权管理

1.Standards in Reality1.Standards in Reality

• Standards in Daily Life

• Standards in Society

SA8000, ISO26000

标准化与知识产权管理

• Standards in Agriculture

• Standards in Industry

• Standards in Service

标准化与知识产权管理

The Data from WTO Report 2005

More than 67% rules and documents issued by WTO since 1995 to 2005, are related in technical regulations, standards and conformity assessments.

标准化与知识产权管理

Society

Everywhere

Economy

Daily

Life

Standards

标准化与知识产权管理

Finance is the blood of the economy

Standard is the Meridian of the economy

标准化与知识产权管理

Information Economics

asymmetric information

Lemon Theorem

Bad money drives out good

Market Failure

Standard is one of the six approaches to solve the failure

2.Reviews of Standard Economics2.Reviews of Standard Economics

标准化与知识产权管理

• Standard Economics Research Today

标准化与知识产权管理

Labour productivity growth 13%

GDP growth per annum

1%

£2.5 billion

Department of Trade and Industry.Empirical Economics of Standards: reports on research projects sponsored by the DTI .2005

Contribution from Standard in England

Contribution from Standard in England

标准化与知识产权管理

GermanyStrategy of Standardization 2007

GNP growth per annum:1%

标准化与知识产权管理

Contribution from Certification & AccreditationContribution from Certification & Accreditation

GDP Growth

0.671%

18 trillion

122.7billionRMB

China

标准化与知识产权管理

Research on TBT

Research on Important international Standards

Research on agriculture and food

Research on Information Communication Standards

Research on IPR and Standards

Research on Standards and Markets

Literature ReviewsLiterature Reviews

标准化与知识产权管理

3. Looking forward

The Neo-classical Economics

Standards

The Neo-classical Synthesis

New Institutional EconomicsNew Institutional Economics

标准化与知识产权管理

In Microeconomics

• The elasticity analysis of demand

• the demand quality elasticity

• the supply quality elasticity

D

Q

Q

DEq

S

Q

Q

Ssq

标准化与知识产权管理

• The demand quality Cross-elastic analysis

1

2

2

1

D

Q

Q

DE qC

classification of goods

Household goods (0,1)

Durable Goods >1

luxury >1

Safety Products >1

qCE

标准化与知识产权管理

Indifference curve is Homogeneous curve

Different curve has different quality

标准化与知识产权管理

Type of market Technology-dependent

Standard level

Perfect competition market

Very low Same quality

Monopolistic competitive market

low Indifference quality

Oligopoly market Know-how High quality

Monopoly patent Monopolistic quality

标准化与知识产权管理

In Macroeconomics

• Goods market equilibrium

• Consumption propensity

)()1(1

1ibA

tcY

kqc

)()1(1

1ibA

tkqY

标准化与知识产权管理

• Commodity money market equilibrium

)()1(1

1ibA

tkqY

)(1

0 p

MYk

hi

标准化与知识产权管理

i

i

Y

Y

LM

LM

IS

IS

IS

Q

q

标准化与知识产权管理

In New Institute Economics

• Monetary Policy

• Fiscal policy

• Industrial policy

标准化与知识产权管理

Industrial Policy

Market rules

Market monitoring rules

energy saving

emission reduction

Standards are adopted in these policies.

Thank you for your attentions !

ICES Workshop & WSC Academic Day 2011

Hangzhou . China