Abstract
This article utilizes data from seventy-seven countries over the period 2004–07 in a gravity trade model to examine the impact of four dimensions of trade facilitation—physical infrastructure, information and communication technology, business environment, and border efficiency—on parts and components and final goods trade for the machinery and transport equipment sector. The results show that the effect of importers’ overall trade facilitation measures is stronger for promoting parts and components than for final goods trade. Among the four dimensions, border efficiency has the largest impact on trade flows for this sector, and the effect of exporter and particularly importers’ border efficiency is important for parts and components, as compared to final goods trade.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
