Transparency, Trade Costs, And Regional Integration In The Asia Pacific:

The authors show in this paper that increasing the transparency of the trading environment can be an important complement to traditional liberalization of tariff and non-tariff barriers. Our definition of transparency is grounded in a transaction cost analysis. The authors focus on two dimensions of...

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Bibliographic Details
Main Author: Helble, Matthias (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 2007
Subjects:
Online Access:Volltext
Summary:The authors show in this paper that increasing the transparency of the trading environment can be an important complement to traditional liberalization of tariff and non-tariff barriers. Our definition of transparency is grounded in a transaction cost analysis. The authors focus on two dimensions of transparency: predictability (reducing the cost of uncertainty) and simplification (reducing information costs). Using the Asia Pacific Economic Cooperation (APEC) member economies as a case study, the authors construct indices of importer and exporter transparency for the region from a wide range of sources. Our results from a gravity model suggest that improving trade-related transparency in APEC could hold significant benefits by raising intra-APEC trade by proximately USD 148 billion or 7.5 pecent of baseline trade in the region
Item Description:Weitere Ausgabe: Helble, Matthias: Transparency, Trade Costs, And Regional Integration In The Asia Pacific
Physical Description:1 Online-Ressource (37 Seiten)