Trade Policies, Investment Climate, and Exports across Countries
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: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110509085841 http://hdl.handle.net/10986/3415 |
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okr-10986-34152021-04-23T14:02:09Z Trade Policies, Investment Climate, and Exports across Countries Şeker, 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 DEVELOPMENT POLICY DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET FOREIGN MARKETS FREE TRADE GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GRAVITY MODELS GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NON-TARIFF BARRIERS OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGE POWER OUTAGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF BARRIERS TARIFF RATE TARIFF RATES TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE PROPERTY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE SECTORS TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE Microdata Set 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 obtaining 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. 2012-03-19T18:02:03Z 2012-03-19T18:02:03Z 2011-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110509085841 http://hdl.handle.net/10986/3415 English Policy Research working paper ; no. WPS 5654 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| 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 DEVELOPMENT POLICY DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET FOREIGN MARKETS FREE TRADE GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GRAVITY MODELS GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NON-TARIFF BARRIERS OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGE POWER OUTAGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF BARRIERS TARIFF RATE TARIFF RATES TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE PROPERTY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE SECTORS TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE Microdata Set |
| 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 DEVELOPMENT POLICY DOMESTIC DEMAND ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ELASTICITY EXCHANGE RATES EXPANSION OF TRADE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT ORIENTATION EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SALES EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTING COUNTRY EXPORTS EXTERNAL FINANCE EXTERNAL MARKET FINANCIAL DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN MARKET FOREIGN MARKETS FREE TRADE GDP GLOBAL COMPETITIVENESS GLOBAL MARKETS GLOBALIZATION GOVERNANCE INDICATORS GRAVITY EQUATION GRAVITY MODEL GRAVITY MODELS GROWTH IN TRADE GROWTH RATES GROWTH THEORIES HUMAN RIGHTS IMPACT OF TRADE IMPORT TARIFF INCOME INCOME LEVELS INEFFICIENCY INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE M2 MACROECONOMICS MARKET ACCESS MONETARY FUND NET INFLOWS NEW MARKETS NEW PRODUCTS NON-TARIFF BARRIERS OPEN TRADE OPENNESS OUTPUT PATTERN OF TRADE POLICY MAKERS POLICY RESEARCH POWER OUTAGE POWER OUTAGES PRIVATE PROPERTY PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REAL GDP REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY SYSTEM RULE OF LAW SUNK COSTS TARIFF BARRIERS TARIFF RATE TARIFF RATES TARIFF SCHEDULE TRADE AGENDA TRADE AGREEMENTS TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE PROPERTY TRADE REGIME TRADE RESTRICTIONS TRADE SECTOR TRADE SECTORS TRADE VOLUMES TRADING TRANSACTIONS COSTS TRANSPORT COSTS VOLUME OF TRADE WORLD DEVELOPMENT INDICATORS WORLD INVESTMENT REPORT WORLD TRADE Microdata Set Şeker, Murat Trade Policies, Investment Climate, and Exports across Countries |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5654 |
| 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 obtaining
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 |
Publications & Research :: Policy Research Working Paper |
| author |
Şeker, Murat |
| author_facet |
Şeker, Murat |
| author_sort |
Şeker, Murat |
| title |
Trade Policies, Investment Climate, and Exports across Countries |
| title_short |
Trade Policies, Investment Climate, and Exports across Countries |
| title_full |
Trade Policies, Investment Climate, and Exports across Countries |
| title_fullStr |
Trade Policies, Investment Climate, and Exports across Countries |
| title_full_unstemmed |
Trade Policies, Investment Climate, and Exports across Countries |
| title_sort |
trade policies, investment climate, and exports across countries |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110509085841 http://hdl.handle.net/10986/3415 |
| _version_ |
1764386960166617088 |