The Impacts of Trade Facilitation Measures on International Trade Flows

July 1, 2015

This paper analyzes the impacts of selected trade facilitation measures on international trade flows. A gravity model is used to estimate four equations: a pooled cross-section model; a fixed-effects model; a random effects model; and a Poisson maximum likelihood estimator. The contribution of the paper is twofold. First, the analysis uses a recent data set, a panel that includes trade data from 2011 and 2012 for 72 countries. Second, to measure the impacts of trade facilitation measures, the analysis includes dummy variables for the presence of an authorized economic operator program, the existence of a single-window program in the countries in the sample, and the existence of a mutual recognition arrangement between pairs of countries in the sample.

Read Full Material: Link


Topics: TRADE FACILITATION

Authors: PAULO C.DE SÁ PORTO OTAVIANO CANUTO CRISTIANO MORINI

Publishing Institution: WORLD BANK GROUP

RTA

Other Research

RTA

Trade and Integration Monitor 2017: Beyond the Recovery, Competing for Market Share in the Digital Era

November 15, 2017

The value of exports from Latin America and the Caribbean (LAC) started to recover in 2016, and increased a notable 13.2% year-on-year in the first half of 2017. The regional recovery, however, was... READ MORE

RTA

Going It Alone in the Asia-Pacific: Regional Trade Agreements Without the United States

October 5, 2017

The withdrawal of the United States from the Trans-Pacific Partnership (TPP) in early 2017 led the remaining 11 countries in that trade and investment agreement to explore alternative ways to susta... READ MORE