Trade Policies, Investment Climate and Exports
There is a large body of research that explores international trade as a source of the dispersion in income levels and growth performances across countries. The trade liberalization policies undertaken between 1950 and 2006 led to an almost 30 fold...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/283551468330893852/Trade-policies-investment-climate-and-exports http://hdl.handle.net/10986/27456 |
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okr-10986-274562021-04-23T14:04:42Z Trade Policies, Investment Climate and Exports Seker, Murat AGGREGATE IMPORTS APPLIED TARIFF AVERAGE TARIFF BANK POLICY BILATERAL TARIFF BILATERAL TRADE BUSINESS ENVIRONMENT CAPITAL FORMATION CLOSED ECONOMIES COMMODITIES COMPETITIVENESS OF FIRMS CONTRACT ENFORCEMENT CURRENCY CURRENCY UNIONS CUSTOMS CUSTOMS CLEARANCE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NONDISCRIMINATORY TRADE OPEN COUNTRIES OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGES PRICE CHANGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF RATE TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE There is a large body of research that explores international trade as a source of the dispersion in income levels and growth performances across countries. The trade liberalization policies undertaken between 1950 and 2006 led to an almost 30 fold growth in the volume of international trade. However this increase has not been homogeneous across countries. This study investigates a possible reason that prevents convergence of countries in export performance. It shows that regulatory quality, customs efficiency, quality of infrastructure, and access to finance among other factors increase export performance. Furthermore, it shows that countries that are relatively more constrained in accessing to foreign markets benefit more from improvements in investment climate than the countries with easier foreign market access. Hence attaining a favorable investment climate for private sector development should be an important policy objective for relatively closed economies to achieve convergence in export volumes with countries that have more liberal trade policies. 2017-06-28T18:51:34Z 2017-06-28T18:51:34Z 2011-02 Working Paper http://documents.worldbank.org/curated/en/283551468330893852/Trade-policies-investment-climate-and-exports http://hdl.handle.net/10986/27456 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |
| repository_type |
Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGGREGATE IMPORTS APPLIED TARIFF AVERAGE TARIFF BANK POLICY BILATERAL TARIFF BILATERAL TRADE BUSINESS ENVIRONMENT CAPITAL FORMATION CLOSED ECONOMIES COMMODITIES COMPETITIVENESS OF FIRMS CONTRACT ENFORCEMENT CURRENCY CURRENCY UNIONS CUSTOMS CUSTOMS CLEARANCE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NONDISCRIMINATORY TRADE OPEN COUNTRIES OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGES PRICE CHANGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF RATE TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE |
| spellingShingle |
AGGREGATE IMPORTS APPLIED TARIFF AVERAGE TARIFF BANK POLICY BILATERAL TARIFF BILATERAL TRADE BUSINESS ENVIRONMENT CAPITAL FORMATION CLOSED ECONOMIES COMMODITIES COMPETITIVENESS OF FIRMS CONTRACT ENFORCEMENT CURRENCY CURRENCY UNIONS CUSTOMS CUSTOMS CLEARANCE DEMAND ELASTICITIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBAL TRADE GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NONDISCRIMINATORY TRADE OPEN COUNTRIES OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGES PRICE CHANGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF RATE TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE Seker, Murat Trade Policies, Investment Climate and Exports |
| description |
There is a large body of research that
explores international trade as a source of the dispersion
in income levels and growth performances across countries.
The trade liberalization policies undertaken between 1950
and 2006 led to an almost 30 fold growth in the volume of
international trade. However this increase has not been
homogeneous across countries. This study investigates a
possible reason that prevents convergence of countries in
export performance. It shows that regulatory quality,
customs efficiency, quality of infrastructure, and access to
finance among other factors increase export performance.
Furthermore, it shows that countries that are relatively
more constrained in accessing to foreign markets benefit
more from improvements in investment climate than the
countries with easier foreign market access. Hence attaining
a favorable investment climate for private sector
development should be an important policy objective for
relatively closed economies to achieve convergence in export
volumes with countries that have more liberal trade policies. |
| format |
Working Paper |
| author |
Seker, Murat |
| author_facet |
Seker, Murat |
| author_sort |
Seker, Murat |
| title |
Trade Policies, Investment Climate and Exports |
| title_short |
Trade Policies, Investment Climate and Exports |
| title_full |
Trade Policies, Investment Climate and Exports |
| title_fullStr |
Trade Policies, Investment Climate and Exports |
| title_full_unstemmed |
Trade Policies, Investment Climate and Exports |
| title_sort |
trade policies, investment climate and exports |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/283551468330893852/Trade-policies-investment-climate-and-exports http://hdl.handle.net/10986/27456 |
| _version_ |
1764464349163814912 |