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

Although services facilitation is recent topic of discussion at the World Trade Organization, it is not novel in the context of regional trade agreements (RTAs), where provisions on increased trans... READ MORE

With a growing number of transactions available on the internet, the interconnection between regulatory issues creates unprecedented complexities for both transaction subjects and policymakers. Thr... READ MORE