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Trade facilitation policies intend to simplify administrative processes and accelerate the handling of shipments across borders. Recent research shows that these policies have substantial effects on trade flows. In this chapter, we discuss what the existing evidence for trade implies for the...
Persistent link: https://www.econbiz.de/10011625949
Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple production steps associated with modern supply chains. This so-called "cascade effect" arises since trade costs accumulate as intermediate goods are imported and then...
Persistent link: https://www.econbiz.de/10011594191
This study estimates the effect of trade facilitation measures implementation on trade costs in Asia and the Pacific using data from the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation. Impact of different sets of measures are considered, from a basic set of...
Persistent link: https://www.econbiz.de/10011786720
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Trade facilitation (the simplification and harmonization of import, export, and transit procedures) including paperless trade (the use and exchange of electronic data and documents to support the trade transaction process), has taken increasing importance as evidenced by the WTO Trade...
Persistent link: https://www.econbiz.de/10012996832
Transaction costs create inefficiencies in agricultural markets, and poor trade digitalization lowers agrifood productivity of developing countries. This paper argues that trade facilitation via digitalization cuts transaction costs thereby increasing agrifood trade because it streamlines trade...
Persistent link: https://www.econbiz.de/10014423410
Customs-related corruption costs World Customs Organisation (WCO) members at least $2 billion in customs revenue each year. Using recent data only about bribe payers' actual experiences in paying bribes, we show that trade facilitation would only help reduce corruption and improve efficiency -...
Persistent link: https://www.econbiz.de/10010513660
International trade and migration are two important dimensions of globalization. Although governments have been very willing to open their borders to trade, they have not been so liberal in their immigration policies. It has been suggested, however, that a causal positive link might exist...
Persistent link: https://www.econbiz.de/10011420514
We estimate the effects of trade facilitation on export diversification, as measured by two extensive margins: the number of products exported by destination and the number of export destinations served by product. To address the issue of causality, we employ an identification strategy whereby...
Persistent link: https://www.econbiz.de/10011374065
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