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Extensive research has demonstrated the existence of large potential welfare gains from trade facilitation - measures to reduce the overall costs of the international movement of goods. From an equity perspective an important question is how those benefits are distributed across and within...
Persistent link: https://www.econbiz.de/10010427130
We use newly collected data on trade and production in 178 countries to infer estimates of trade costs in agriculture and manufactured goods for the 1995-2010 period. The data show that trade costs are strongly declining in per capita income. Moreover, the rate of change of trade costs is...
Persistent link: https://www.econbiz.de/10010427129