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Effects of Timeliness on the Trade Pattern between Primary and Processed Goods

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  • Suprabha Baniya

Abstract

This paper investigates the effect of timeliness in accessing the intermediate inputs on the trade pattern. In particular, any country that has a higher ability to transport goods on time has a comparative advantage in industries that place a higher value on the timely delivery of their inputs, and this comparative advantage pattern is stronger for processed goods than for primary goods. To do this, a measure for how intensively any industry demands for the timely delivery of its intermediate inputs is constructed combining Hummels and Schaur (2013)’s calculations of the time sensitivity of products with the input-output tables.

Suggested Citation

  • Suprabha Baniya, 2017. "Effects of Timeliness on the Trade Pattern between Primary and Processed Goods," IMF Working Papers 2017/044, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2017/044
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    Cited by:

    1. Melkani, Aakanksha & Mason, Nicole M. & Wanzala, Maria N. & Liverpool-Tasie, Saweda, 2020. "Does reducing import-related transactions cost increase fertilizer imports? Evidence from a cross-country panel analysis," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304420, Agricultural and Applied Economics Association.
    2. de Soyres, François & Mulabdic, Alen & Murray, Siobhan & Rocha, Nadia & Ruta, Michele, 2019. "How much will the Belt and Road Initiative reduce trade costs?," International Economics, Elsevier, vol. 159(C), pages 151-164.
    3. International Monetary Fund, 2017. "Cluster Report: Trade Integration in Latin America and the Caribbean," IMF Staff Country Reports 2017/066, International Monetary Fund.
    4. Cristina Herghelegiu & Evgenii Monastyrenko, 2020. "Risk and Cost Sharing in Firm-to-Firm Trade," DEM Discussion Paper Series 20-24, Department of Economics at the University of Luxembourg.
    5. Baniya, Suprabha & Rocha, Nadia & Ruta, Michele, 2020. "Trade effects of the New Silk Road: A gravity analysis," Journal of Development Economics, Elsevier, vol. 146(C).
    6. International Monetary Fund, 2017. "Brazil: Selected Issues," IMF Staff Country Reports 2017/216, International Monetary Fund.
    7. Baniya, Suprabha & Murray, Siobhan & Rocha, Nadia & Ruta, Michele, 2018. "Trade Effects of the New Silk Road," Conference papers 333010, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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