Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters

Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters

Trade facilitation measures that simplify, modernize, and harmonize export and import processes are particularly important in a world of global value chains where goods cross borders multiple times. At the firm level, trade facilitation commitments...

Full description

Bibliographic Details
Main Authors: Lee, Woori, Rocha, Nadia, Ruta, Michele
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
PREFERENTIAL TRADE AGREEMENTS
TRADE FACILITATION
GLOBAL VALUE CHAIN
EXPORT COMPETITIVENESS
Online Access:http://documents.worldbank.org/curated/en/345051621879080228/Trade-Facilitation-Provisions-in-Preferential-Trade-Agreements-Impact-on-Peru-s-Exporters
http://hdl.handle.net/10986/35635
id okr-10986-35635
recordtype oai_dc
spelling okr-10986-356352021-06-03T05:10:42Z Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters Lee, Woori Rocha, Nadia Ruta, Michele PREFERENTIAL TRADE AGREEMENTS TRADE FACILITATION GLOBAL VALUE CHAIN EXPORT COMPETITIVENESS Trade facilitation measures that simplify, modernize, and harmonize export and import processes are particularly important in a world of global value chains where goods cross borders multiple times. At the firm level, trade facilitation commitments in preferential trade agreements can generate larger gains for firms participating in global value chains, as these firms can benefit both from efficiency enhancement at their own border (when importing inputs) and at the partner countries’ borders (when exporting). This paper uses Peruvian customs data to investigate the heterogeneous impact of trade facilitation provisions across firms, depending on their global value chain linkages. The results show that trade facilitation provisions in preferential trade agreements promote the export performance of global value chain firms, especially when they import inputs from the preferential trade agreement partner country. In the case of Peru, the main benefit of trade facilitation provisions results from efficiency enhancements at its own border, allowing global value chain firms to import inputs in a more timely and predictable manner. 2021-06-02T12:59:22Z 2021-06-02T12:59:22Z 2021-05 Working Paper http://documents.worldbank.org/curated/en/345051621879080228/Trade-Facilitation-Provisions-in-Preferential-Trade-Agreements-Impact-on-Peru-s-Exporters http://hdl.handle.net/10986/35635 English Policy Research Working Paper;No. 9674 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Peru
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PREFERENTIAL TRADE AGREEMENTS
TRADE FACILITATION
GLOBAL VALUE CHAIN
EXPORT COMPETITIVENESS
spellingShingle PREFERENTIAL TRADE AGREEMENTS
TRADE FACILITATION
GLOBAL VALUE CHAIN
EXPORT COMPETITIVENESS
Lee, Woori
Rocha, Nadia
Ruta, Michele
Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
geographic_facet Latin America & Caribbean
Peru
relation Policy Research Working Paper;No. 9674
description Trade facilitation measures that simplify, modernize, and harmonize export and import processes are particularly important in a world of global value chains where goods cross borders multiple times. At the firm level, trade facilitation commitments in preferential trade agreements can generate larger gains for firms participating in global value chains, as these firms can benefit both from efficiency enhancement at their own border (when importing inputs) and at the partner countries’ borders (when exporting). This paper uses Peruvian customs data to investigate the heterogeneous impact of trade facilitation provisions across firms, depending on their global value chain linkages. The results show that trade facilitation provisions in preferential trade agreements promote the export performance of global value chain firms, especially when they import inputs from the preferential trade agreement partner country. In the case of Peru, the main benefit of trade facilitation provisions results from efficiency enhancements at its own border, allowing global value chain firms to import inputs in a more timely and predictable manner.
format Working Paper
author Lee, Woori
Rocha, Nadia
Ruta, Michele
author_facet Lee, Woori
Rocha, Nadia
Ruta, Michele
author_sort Lee, Woori
title Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
title_short Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
title_full Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
title_fullStr Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
title_full_unstemmed Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters
title_sort trade facilitation provisions in preferential trade agreements : impact on peru’s exporters
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/345051621879080228/Trade-Facilitation-Provisions-in-Preferential-Trade-Agreements-Impact-on-Peru-s-Exporters
http://hdl.handle.net/10986/35635
_version_ 1764483466270867456

Similar Items