Country-of-origin rules : its origin, nature, and directions for reform
Pacific Economic Review
Wiley-Blackwell Publishing Asia
In a world of increasing specialization and division of labour, the designation of one country of origin to a product is becoming increasingly out of touch with reality and is getting more and more costly in terms of the investment and trade-diversion effects that country-of-origin rules (COR) cause. This paper proposes an extension of the Lloyd (1993) proposal, formalizing it into a multiple country-of-origin rule and recommending it on the basis of the more accurate information content it provides and the greater economic efficiency that results.
Copyright © Blackwell Publishers Ltd 1998.
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Ho, L. S. (1998). Country-of-origin rules: Its origin, nature, and directions for reform. Pacific Economic Review, 3(2), 161-166. doi: 10.1111/1468-0106.00049