Authored by Rotem Sella and Ori Redler, this paper reviews the Standards Institution of Israel (SII), which governs the preparation and publication of Israeli standards.

The SII has direct impact on the high cost of living in the country, both through the significant barrier its authorities, structure and incentives pose to opening the Israeli market to competitive importation that would lower prices and through the direct and indirect costs it imposes on Israeli consumers, estimated at hundreds of millions of shekels a year.

The paper examines standardization policies in other states around the world, and proposes a simple and costless reform to reduce consumer prices.

See the English summary here.
For the full Hebrew paper.