Umfang:
Online-Ressource (1 online resource (39 p.))
Ausgabe:
Online-Ausg. World Bank E-Library Archive
Inhalt:
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
Weitere Ausg.:
Helble, Matthias Transparency, Trade Costs, And Regional Integration In The Asia Pacific
Sprache:
Englisch
URL:
Volltext
(Deutschlandweit zugänglich)
