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How Trade Facilitation Measures influence Export Orientation? Empirical Estimates with Logistics Performance Index Data

Journal of Economics Library

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Title How Trade Facilitation Measures influence Export Orientation? Empirical Estimates with Logistics Performance Index Data
 
Creator CHAKRABORTY, Debashis; Indian Institute of Foreign Trade (IIFT), IIFT Bhawan, B-21, Qutab Institutional Area, New Delhi 110016, India. Telephone: +91 11 2696 6563; +91 11 2696 5124;Mobile: +91 9818447900; Facsimile: +91-11-2685-3956. E-mail: debchakra@gmail.com
MUKHERJEE, Sacchidananda; National Institute of Public Finance and Policy (NIPFP), 18/2, SatsangVihar Marg, Special Institutional Area, New Delhi – 110 067, India. Telephone: +91 11 2656 9780; +91 11 2696 3421; Mobile: +91 9868421239; Fax: +91 11 2685 2548. E-mail: sachs.mse@gmail.com
 
Subject Trade policy; Trade facilitation; Exports; LPI; Empirical estimate; Aid-for-Trade.
F13; F14.
 
Description Abstract. With inception of a comprehensive WTO framework in 1995, while the tariff barriers across Member countries have declined, several procedural and policy-related hassles still continue to obstruct trade flows. To reduce the procedural hassles to export and import flows, from the Cancun Ministerial (2003) onwards, negotiations to reach an agreement on Trade Facilitation (TF) started, which was finally concluded at the Bali Ministerial (2013) meeting of the WTO. The current analysis explores the relationship between TF measures, as reflected from the World Bank Logistics Performance Index (LPI),and export orientation (export as percentage of GDP) during four years, namely 2007, 2010, 2012 and 2014. The empirical results underline the difference in the influence of TF on export orientation in higher-income and lower-income countries. It is concluded that there is need to continue the ‘Aid-for-Trade’ support measures to lower-income economies, for improving their TF scenario.Keywords. Trade policy, Trade facilitation, Exports, LPI, Empirical estimate, Aid-for-Trade.JEL. F13, F14.
 
Publisher Journal of Economics Library
 
Contributor —
 
Date 2016-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEL/article/view/1086
10.1453/jel.v3i4.1086
 
Source Journal of Economics Library; Vol 3, No 4 (2016): December; 554-569
2149-2379
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEL/article/view/1086/1113
 
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