Timeliness and Contract Enforceability in Intermediate Goods Trade

This paper shows that the institutional environment and the ability to export on time are sources of comparative advantage as important as factors of production. In particular, the ability to export on time is crucial to explain comparative advanta...

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Main Authors: Gamberoni, Elisa, Lanz, Rainer, Piermartini, Roberta
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
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_20101201081524
http://hdl.handle.net/10986/3971
id okr-10986-3971
recordtype oai_dc
spelling okr-10986-39712021-04-23T14:02:14Z Timeliness and Contract Enforceability in Intermediate Goods Trade Gamberoni, Elisa Lanz, Rainer Piermartini, Roberta AGRICULTURE AIR AIRPORTS BENCHMARK BILATERAL TRADE CAPITAL GOODS CAPITAL PER WORKER CAPITAL STOCK CAR CARRIERS CERTAIN EXTENT COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMERS CURRENCY DEVELOPING COUNTRIES DIVISION OF LABOR ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ELASTICITY ELASTICITY OF TRADE EMPIRICAL ANALYSIS EMPIRICAL STUDIES END USE EQUILIBRIUM THEORY EXPORT SHARE EXPORTS FACTOR ENDOWMENTS FACTORS OF PRODUCTION FINAL GOODS FREIGHT GENERAL EQUILIBRIUM GRAVITY MODEL GRAVITY MODELS HUMAN CAPITAL INDUSTRY TRADE INTERMEDIATE GOODS INTERMEDIATE IMPORTS INTERMEDIATE INPUTS INTERNATIONAL ECONOMICS INTERNATIONAL PRODUCTION INTERNATIONAL TRADE MOTOR VEHICLES OUTSOURCING PATTERN OF TRADE PATTERNS OF TRADE POLITICAL ECONOMY PROPERTY RIGHTS QUALITY OF TRANSPORT RAIL RAIL NETWORK RAILROADS ROAD RUNWAYS SKILLED LABOR SOURCING SPECIALIZATION TARIFF DATA THEORETICAL MODELS TRADE BARRIER TRADE COSTS TRADE FACILITATION TRADE FLOWS TRADE PATTERNS TRADE POLICY TRADE STRUCTURE TRADE VOLUME TRADE VOLUMES TRANSIT TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRUE VALUE OF EXPORTS VERTICAL SPECIALIZATION VOLUME OF TRADE WORLD TRADE WORLD TRADE ORGANIZATION WTO This paper shows that the institutional environment and the ability to export on time are sources of comparative advantage as important as factors of production. In particular, the ability to export on time is crucial to explain comparative advantage in intermediate goods. These findings underscore the importance of investing in infrastructure and fostering trade facilitation to boost a country's participation in production networks. Furthermore, the paper contributes to the so-called "distance puzzle" by showing that the increasing importance of distance over time is in part driven by trade in intermediate goods. 2012-03-19T18:43:05Z 2012-03-19T18:43:05Z 2010-11-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101201081524 http://hdl.handle.net/10986/3971 English Policy Research working paper ; no. WPS 5482 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 AGRICULTURE
AIR
AIRPORTS
BENCHMARK
BILATERAL TRADE
CAPITAL GOODS
CAPITAL PER WORKER
CAPITAL STOCK
CAR
CARRIERS
CERTAIN EXTENT
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSUMERS
CURRENCY
DEVELOPING COUNTRIES
DIVISION OF LABOR
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC RESEARCH
ELASTICITY
ELASTICITY OF TRADE
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
END USE
EQUILIBRIUM THEORY
EXPORT SHARE
EXPORTS
FACTOR ENDOWMENTS
FACTORS OF PRODUCTION
FINAL GOODS
FREIGHT
GENERAL EQUILIBRIUM
GRAVITY MODEL
GRAVITY MODELS
HUMAN CAPITAL
INDUSTRY TRADE
INTERMEDIATE GOODS
INTERMEDIATE IMPORTS
INTERMEDIATE INPUTS
INTERNATIONAL ECONOMICS
INTERNATIONAL PRODUCTION
INTERNATIONAL TRADE
MOTOR VEHICLES
OUTSOURCING
PATTERN OF TRADE
PATTERNS OF TRADE
POLITICAL ECONOMY
PROPERTY RIGHTS
QUALITY OF TRANSPORT
RAIL
RAIL NETWORK
RAILROADS
ROAD
RUNWAYS
SKILLED LABOR
SOURCING
SPECIALIZATION
TARIFF DATA
THEORETICAL MODELS
TRADE BARRIER
TRADE COSTS
TRADE FACILITATION
TRADE FLOWS
TRADE PATTERNS
TRADE POLICY
TRADE STRUCTURE
TRADE VOLUME
TRADE VOLUMES
TRANSIT
TRANSPORT COSTS
TRANSPORT INFRASTRUCTURE
TRUE
VALUE OF EXPORTS
VERTICAL SPECIALIZATION
VOLUME OF TRADE
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle AGRICULTURE
AIR
AIRPORTS
BENCHMARK
BILATERAL TRADE
CAPITAL GOODS
CAPITAL PER WORKER
CAPITAL STOCK
CAR
CARRIERS
CERTAIN EXTENT
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSUMERS
CURRENCY
DEVELOPING COUNTRIES
DIVISION OF LABOR
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC RESEARCH
ELASTICITY
ELASTICITY OF TRADE
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
END USE
EQUILIBRIUM THEORY
EXPORT SHARE
EXPORTS
FACTOR ENDOWMENTS
FACTORS OF PRODUCTION
FINAL GOODS
FREIGHT
GENERAL EQUILIBRIUM
GRAVITY MODEL
GRAVITY MODELS
HUMAN CAPITAL
INDUSTRY TRADE
INTERMEDIATE GOODS
INTERMEDIATE IMPORTS
INTERMEDIATE INPUTS
INTERNATIONAL ECONOMICS
INTERNATIONAL PRODUCTION
INTERNATIONAL TRADE
MOTOR VEHICLES
OUTSOURCING
PATTERN OF TRADE
PATTERNS OF TRADE
POLITICAL ECONOMY
PROPERTY RIGHTS
QUALITY OF TRANSPORT
RAIL
RAIL NETWORK
RAILROADS
ROAD
RUNWAYS
SKILLED LABOR
SOURCING
SPECIALIZATION
TARIFF DATA
THEORETICAL MODELS
TRADE BARRIER
TRADE COSTS
TRADE FACILITATION
TRADE FLOWS
TRADE PATTERNS
TRADE POLICY
TRADE STRUCTURE
TRADE VOLUME
TRADE VOLUMES
TRANSIT
TRANSPORT COSTS
TRANSPORT INFRASTRUCTURE
TRUE
VALUE OF EXPORTS
VERTICAL SPECIALIZATION
VOLUME OF TRADE
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Gamberoni, Elisa
Lanz, Rainer
Piermartini, Roberta
Timeliness and Contract Enforceability in Intermediate Goods Trade
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5482
description This paper shows that the institutional environment and the ability to export on time are sources of comparative advantage as important as factors of production. In particular, the ability to export on time is crucial to explain comparative advantage in intermediate goods. These findings underscore the importance of investing in infrastructure and fostering trade facilitation to boost a country's participation in production networks. Furthermore, the paper contributes to the so-called "distance puzzle" by showing that the increasing importance of distance over time is in part driven by trade in intermediate goods.
format Publications & Research :: Policy Research Working Paper
author Gamberoni, Elisa
Lanz, Rainer
Piermartini, Roberta
author_facet Gamberoni, Elisa
Lanz, Rainer
Piermartini, Roberta
author_sort Gamberoni, Elisa
title Timeliness and Contract Enforceability in Intermediate Goods Trade
title_short Timeliness and Contract Enforceability in Intermediate Goods Trade
title_full Timeliness and Contract Enforceability in Intermediate Goods Trade
title_fullStr Timeliness and Contract Enforceability in Intermediate Goods Trade
title_full_unstemmed Timeliness and Contract Enforceability in Intermediate Goods Trade
title_sort timeliness and contract enforceability in intermediate goods trade
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_20101201081524
http://hdl.handle.net/10986/3971
_version_ 1764389277850927104