Assessing the Potential Benefit of Trade Facilitation: A Global Perspective
The relationships between trade facilitation, trade flows, and capacity building are complex and challenging to assess, both empirically and in implementation. The authors measure and estimate the relationship between trade facilitation and trade f...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/02/3934064/assessing-potential-benefit-trade-facilitation-global-perspective http://hdl.handle.net/10986/14733 |
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okr-10986-147332021-04-23T14:03:20Z Assessing the Potential Benefit of Trade Facilitation: A Global Perspective Wilson, John S. Mann, Catherine L. Otsuki, Tsunehiro AD VALOREM AIR TRANSPORT APPLIED TARIFF BILATERAL TRADE BORDER TRADE COMMODITIES COMMODITY CONSTANT ELASTICITY OF SUBSTITUTION CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS PROCEDURES DEVELOPED COUNTRIES ECONOMIC ACTIVITY ELASTICITIES ELASTICITY OF TRADE EMPIRICAL RESEARCH EQUILIBRIUM EXPORT PRICES EXPORT PROMOTION EXPORT TRADE EXPORTERS EXPORTS GATT GLOBAL COMPETITIVENESS GLOBAL TRADE GNP GRAVITY EQUATION GRAVITY MODEL GRAVITY MODEL APPROACH GRAVITY MODELS GRAVITY VARIABLES GROSS NATIONAL PRODUCT IMPACT OF TRADE IMPORT BARRIERS IMPORT PRICES IMPORTS INCOME INDUSTRY TRADE INTERNATIONAL MARKETS INTERNATIONAL TRADE LANDLOCKED COUNTRIES MANUFACTURING MARKET SIZE MEASURE OF TRADE METALS MORE PATTERN OF TRADE POLICY DECISIONS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRODUCERS PRODUCTIVITY REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS RETAIL TRADE SHIPPING TARIFF DATA TARIFF NEGOTIATIONS TARIFF POLICIES TARIFF RATE TARIFF RATES TARIFF REDUCTION TRADE TRADE CLASSIFICATION TRADE COSTS TRADE EFFECTS TRADE FACILITATION TRADE FLOW DATA TRADE FLOWS TRADE LIBERALIZATION TRADE PATTERNS TRADE REGULATIONS TRADE VALUES TRAINS TRANSIT TRANSPORT SERVICES UNILATERAL REFORM UNILATERAL REFORMS UNILATERAL TRADE VALUE OF TRADE TRADE FACILITATION PATTERNS OF TRADE CAPACITY BUILDING GLOBALIZATION PORT EFFICIENCY CUSTOMS FORMALITIES REGULATORY REGIMES SERVICE INDUSTRIES BILATERAL TRADE ORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT MANUFACTURING Microdata Set The relationships between trade facilitation, trade flows, and capacity building are complex and challenging to assess, both empirically and in implementation. The authors measure and estimate the relationship between trade facilitation and trade flows across 75 countries in global trade, considering four important categories: port efficiency, customs environment, regulatory environment, and service sector infrastructure. A gravity model is employed that accounts for bilateral trade flows in manufactured goods in 2000-01 between the 75 countries, using traditional factors such as GDP, distance, language, and trade areas, and is augmented by the trade facilitation measures in the four categories for each country. The results suggest that both imports and exports for a country and for the world will increase with improvements in these trade facilitation measures. Potential gains from trade facilitation reforms are predicted by using the estimated parameters. The gains from trade facilitation are presented by comparing the gains across geographical regions and trade facilitation categories, and by domestic and partner improvements. The total gain in trade flow in manufacturing goods from trade facilitation improvements in all the four areas is estimated to be $377 billion. All regions gain in imports and exports. Most regions gain more in terms of exports than imports, in large part through increasing exports to the OECD market. The most important ingredient in getting these gains, particularly to the OECD market, is the country's own trade facilitation efforts. The detailed presentation of the results of the analysis may help inform policy decisions and capacity building choices. 2013-08-01T18:40:21Z 2013-08-01T18:40:21Z 2004-02 http://documents.worldbank.org/curated/en/2004/02/3934064/assessing-potential-benefit-trade-facilitation-global-perspective http://hdl.handle.net/10986/14733 English en_US Policy Research Working Paper;No.3224 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AD VALOREM AIR TRANSPORT APPLIED TARIFF BILATERAL TRADE BORDER TRADE COMMODITIES COMMODITY CONSTANT ELASTICITY OF SUBSTITUTION CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS PROCEDURES DEVELOPED COUNTRIES ECONOMIC ACTIVITY ELASTICITIES ELASTICITY OF TRADE EMPIRICAL RESEARCH EQUILIBRIUM EXPORT PRICES EXPORT PROMOTION EXPORT TRADE EXPORTERS EXPORTS GATT GLOBAL COMPETITIVENESS GLOBAL TRADE GNP GRAVITY EQUATION GRAVITY MODEL GRAVITY MODEL APPROACH GRAVITY MODELS GRAVITY VARIABLES GROSS NATIONAL PRODUCT IMPACT OF TRADE IMPORT BARRIERS IMPORT PRICES IMPORTS INCOME INDUSTRY TRADE INTERNATIONAL MARKETS INTERNATIONAL TRADE LANDLOCKED COUNTRIES MANUFACTURING MARKET SIZE MEASURE OF TRADE METALS MORE PATTERN OF TRADE POLICY DECISIONS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRODUCERS PRODUCTIVITY REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS RETAIL TRADE SHIPPING TARIFF DATA TARIFF NEGOTIATIONS TARIFF POLICIES TARIFF RATE TARIFF RATES TARIFF REDUCTION TRADE TRADE CLASSIFICATION TRADE COSTS TRADE EFFECTS TRADE FACILITATION TRADE FLOW DATA TRADE FLOWS TRADE LIBERALIZATION TRADE PATTERNS TRADE REGULATIONS TRADE VALUES TRAINS TRANSIT TRANSPORT SERVICES UNILATERAL REFORM UNILATERAL REFORMS UNILATERAL TRADE VALUE OF TRADE TRADE FACILITATION PATTERNS OF TRADE CAPACITY BUILDING GLOBALIZATION PORT EFFICIENCY CUSTOMS FORMALITIES REGULATORY REGIMES SERVICE INDUSTRIES BILATERAL TRADE ORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT MANUFACTURING Microdata Set |
| spellingShingle |
AD VALOREM AIR TRANSPORT APPLIED TARIFF BILATERAL TRADE BORDER TRADE COMMODITIES COMMODITY CONSTANT ELASTICITY OF SUBSTITUTION CUSTOMS CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS PROCEDURES DEVELOPED COUNTRIES ECONOMIC ACTIVITY ELASTICITIES ELASTICITY OF TRADE EMPIRICAL RESEARCH EQUILIBRIUM EXPORT PRICES EXPORT PROMOTION EXPORT TRADE EXPORTERS EXPORTS GATT GLOBAL COMPETITIVENESS GLOBAL TRADE GNP GRAVITY EQUATION GRAVITY MODEL GRAVITY MODEL APPROACH GRAVITY MODELS GRAVITY VARIABLES GROSS NATIONAL PRODUCT IMPACT OF TRADE IMPORT BARRIERS IMPORT PRICES IMPORTS INCOME INDUSTRY TRADE INTERNATIONAL MARKETS INTERNATIONAL TRADE LANDLOCKED COUNTRIES MANUFACTURING MARKET SIZE MEASURE OF TRADE METALS MORE PATTERN OF TRADE POLICY DECISIONS PREFERENTIAL TRADE PREFERENTIAL TRADE ARRANGEMENTS PRODUCERS PRODUCTIVITY REGIONAL TRADE REGIONAL TRADE ARRANGEMENTS RETAIL TRADE SHIPPING TARIFF DATA TARIFF NEGOTIATIONS TARIFF POLICIES TARIFF RATE TARIFF RATES TARIFF REDUCTION TRADE TRADE CLASSIFICATION TRADE COSTS TRADE EFFECTS TRADE FACILITATION TRADE FLOW DATA TRADE FLOWS TRADE LIBERALIZATION TRADE PATTERNS TRADE REGULATIONS TRADE VALUES TRAINS TRANSIT TRANSPORT SERVICES UNILATERAL REFORM UNILATERAL REFORMS UNILATERAL TRADE VALUE OF TRADE TRADE FACILITATION PATTERNS OF TRADE CAPACITY BUILDING GLOBALIZATION PORT EFFICIENCY CUSTOMS FORMALITIES REGULATORY REGIMES SERVICE INDUSTRIES BILATERAL TRADE ORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT MANUFACTURING Microdata Set Wilson, John S. Mann, Catherine L. Otsuki, Tsunehiro Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| relation |
Policy Research Working Paper;No.3224 |
| description |
The relationships between trade
facilitation, trade flows, and capacity building are complex
and challenging to assess, both empirically and in
implementation. The authors measure and estimate the
relationship between trade facilitation and trade flows
across 75 countries in global trade, considering four
important categories: port efficiency, customs environment,
regulatory environment, and service sector infrastructure. A
gravity model is employed that accounts for bilateral trade
flows in manufactured goods in 2000-01 between the 75
countries, using traditional factors such as GDP, distance,
language, and trade areas, and is augmented by the trade
facilitation measures in the four categories for each
country. The results suggest that both imports and exports
for a country and for the world will increase with
improvements in these trade facilitation measures. Potential
gains from trade facilitation reforms are predicted by using
the estimated parameters. The gains from trade facilitation
are presented by comparing the gains across geographical
regions and trade facilitation categories, and by domestic
and partner improvements. The total gain in trade flow in
manufacturing goods from trade facilitation improvements in
all the four areas is estimated to be $377 billion. All
regions gain in imports and exports. Most regions gain more
in terms of exports than imports, in large part through
increasing exports to the OECD market. The most important
ingredient in getting these gains, particularly to the OECD
market, is the country's own trade facilitation
efforts. The detailed presentation of the results of the
analysis may help inform policy decisions and capacity
building choices. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Wilson, John S. Mann, Catherine L. Otsuki, Tsunehiro |
| author_facet |
Wilson, John S. Mann, Catherine L. Otsuki, Tsunehiro |
| author_sort |
Wilson, John S. |
| title |
Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| title_short |
Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| title_full |
Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| title_fullStr |
Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| title_full_unstemmed |
Assessing the Potential Benefit of Trade Facilitation: A Global Perspective |
| title_sort |
assessing the potential benefit of trade facilitation: a global perspective |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/02/3934064/assessing-potential-benefit-trade-facilitation-global-perspective http://hdl.handle.net/10986/14733 |
| _version_ |
1764430320651730944 |