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What a Difference a Day Makes: An Estimate of Potential Gains from Trade Facilitation

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Author Info
Wilson, Norbert L.W.
Abstract

The current paper uses a series of metrics of customs and administrative procedures produced by the World Bank to estimate gravity models. The metrics include estimates of the number of days at the border, the number signatures and the number of documents necessary for a product to cross the border of the importer and the exporter. Simulations using the estimated elasticities show that to improve trade reductions would need to be made in the different metrics. For the greatest benefits all trading partners would have to make the improvements. Additionally, some products are more sensitive to the metrics than others.

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File URL: http://purl.umn.edu/9958
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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN with number 9958.

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Date of creation: 2007
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Handle: RePEc:ags:aaea07:9958

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Related research
Keywords: International Relations/Trade;

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This page was last updated on 2009-12-26.


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