It is widely known that countries export less to destination countries with greater regulatory burdens. Using finely disaggregated product-level bilateral trade value and quantity data for 98 countries, together with a new data set of detailed information on technical regulations, we answer the following question: If a country faces a greater regulatory burden in a particular destination market, is that country more likely to export a narrower set of goods (the extensive margin) and lower quantities of each good at a higher price (the intensive margin)? We find that beyond the overall trade-diminishing effect, regulatory burdens adversely affect the extensive margin of trade. With respect to the intensive margin, regulatory burdens negatively affect the quantity margin but positively affect the price margin. As the negative effect on the quantity margin is relatively larger in magnitude than the positive effect on the price margin, the result is a negative net impact on the intensive margin.

众所周知，各国向监管负担较重的目的地国出口较少。使用 98 个国家/地区细分的产品级双边贸易价值和数量数据，以及有关技术法规的详细信息的新数据集，我们回答了以下问题：如果一个国家在特定目的地市场面临更大的监管负担，那个国家更有可能以更高的价格（集约利润）出口更窄的商品（广泛边际）和较少数量的每种商品？我们发现，除了整体贸易递减效应之外，监管负担还会对贸易的广泛边际产生不利影响。关于集约边际，监管负担对数量边际产生负面影响，但对价格边际产生积极影响。