Auboin, Marc; Bekkers, Eddy; De Quarti, Dario - 2023 - Manuscript date: December 2022
In this paper we integrate the costs of trade finance in a computable general equilibrium (CGE) model to evaluate the … trade and output effects of counterfactual policy experiments on costs of and access to trade finance. The costs of … financing international trade consist of two components: the financial costs and the costs associated with the risk of goods not …