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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8883 |
DP8883 On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations | |
Natalie Chen; Dennis Novy | |
发表日期 | 2012-03-01 |
出版年 | 2012 |
语种 | 英语 |
摘要 | In this article, we review the literature on the measurement of trade costs in international trade with a special emphasis on nontariff measures and in particular on standards and technical regulations. We distinguish 'direct' from 'indirect' approaches. The direct approach collects observable data or proxy variables on trade cost components which are then typically used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments from trade flows. It compares actual trade flows to the trade flows predicted by a hypothetical frictionless benchmark scenario based on a micro-founded trade model, attributing the deviation of actual from predicted trade flows to trade frictions. We argue that economists and policymakers can gain useful insights from both approaches. |
主题 | International Trade and Regional Economics |
关键词 | Gravity Measurement Nontariff measures Product standards Technical barriers to trade Technical regulations Trade costs |
URL | https://cepr.org/publications/dp8883 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537719 |
推荐引用方式 GB/T 7714 | Natalie Chen,Dennis Novy. DP8883 On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations. 2012. |
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