Import processing and trade costs

IF 3.8 1区 经济学 Q1 ECONOMICS
Jeronimo Carballo , Alejandro G. Graziano , Georg Schaur , Christian Volpe Martincus
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引用次数: 0

Abstract

We estimate import processing costs based on the time it takes to import. To do so, we first develop a theoretical model that extends existing time-cost measures to account for uncertainty in import processing. Second, we use detailed, highly disaggregated data on import processing dates and import values to provide estimates of processing costs that are consistent with the theory. This evidence indicates that our extensions to time-cost estimates are economically relevant to determining processing costs. According to our estimates, the tariff equivalent import processing cost is as high as 18 percent. WTO estimates suggest that the full implementation of the 2013 Trade Facilitation Agreement would reduce the time to trade by 1.5 days. In that case, processing costs would decrease to 13 percent.
进口加工及贸易费用
我们根据进口所需的时间来估算进口加工成本。为此,我们首先建立了一个理论模型,扩展了现有的时间成本措施,以考虑进口加工中的不确定性。其次,我们使用有关进口加工日期和进口价值的详细、高度分类的数据来提供与理论一致的加工成本估计。这一证据表明,我们对时间成本估算的扩展在经济上与确定加工成本相关。据我们估计,关税相当于进口加工成本高达18%。世贸组织估计,全面实施2013年《贸易便利化协定》将使贸易时间缩短1.5天。在这种情况下,加工成本将下降到13%。
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来源期刊
CiteScore
5.80
自引率
6.10%
发文量
98
期刊介绍: The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. These include, but are not limited to the following: trade patterns, commercial policy; international institutions; exchange rates; open economy macroeconomics; international finance; international factor mobility. The Journal especially encourages the submission of articles which are empirical in nature, or deal with issues of open economy macroeconomics and international finance. Theoretical work submitted to the Journal should be original in its motivation or modelling structure. Empirical analysis should be based on a theoretical framework, and should be capable of replication.
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