Trade policy versus trade facilitation: An application using "Good Old" OLS
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Otros documentos de la autoría: Márquez-Ramos, Laura; Martinez-Zarzoso, Inmaculada; Suárez-Burguet, Celestino
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Título
Trade policy versus trade facilitation: An application using "Good Old" OLSFecha de publicación
2012Editor
Dennis J. SnowerISSN
1864-6042Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.economics-ejournal.org/economics/journalarticles/2012-11Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Trade policy barriers are only one element of overall trade costs. Among these, and due to the decrease in the influence of tariff barriers on trade over time, institutional barriers might increase in relative importance ... [+]
Trade policy barriers are only one element of overall trade costs. Among these, and due to the decrease in the influence of tariff barriers on trade over time, institutional barriers might increase in relative importance and become a key obstacle to the movements of goods across countries. This paper quantifies and compares the impact that a number of trade facilitation and trade policy barriers have on bilateral trade flows. A theoretically justified gravity model of trade is estimated by using the methodology proposed in Baier and Bergstrand (Bonus vetus OLS: A simple method for approximating international trade-cost effects using the gravity equation, 2009) for a cross-section of countries in the year 2000. Results indicate that institutional trade barriers have a greater impact on trade flows than tariff barriers. According to these findings, trade policy negotiation efforts should focus on facilitating trade processes and should be at the forefront of multilateral negotiations. [-]
Publicado en
Economics - The Open-Access, Open-Assessment E-Journal. 2012, vol. 6, issue 11Derechos de acceso
info:eu-repo/semantics/openAccess
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- ECO_Articles [694]
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