GTAP Resources: Resource Display
GTAP Resource #2762 |
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"Impacts of Better Trade Facilitation in Developing Countries: Analysis with a New GTAP Database for the Value of Time in Trade" by Minor, Peter and Marinos Tsigas Abstract The scarce resource of time has seen only limited applications in CGE analysis. Accounting for country and commodity variability of the value of time to trade across borders, we find that: 1) trade facilitation can be an important path for Sub-Saharan African countries to diversify their exports toward higher value added products and away from volatile commodity products; 2) the benefits to early movers in reducing their lead times can be reduced as other countries close the lead time “gap”; and 3) the structure of a country’s or region’s trade and production often plays a critical role in determining the impact of reducing time to trade across borders. An important output of this research is a database of bilateral, ad valorem per day time costs to cross borders at the GTAP country and sector level. The bilateral database extends and updates earlier estimates of the per day value of time as calculated by Hummels (2001). |
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- Economic growth - Economic development - The GTAP Data Base and extensions - Africa (Central) - Africa (East) - Africa (West)vAfrica (Southern) |
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Public Access GTAP Resource 2762 (167.1 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM