Advertisement

Calculation of Ad Valorem Equivalents of Non-Tariff Barriers: A Case Study of 16 RCEP Countries

  • Sarbjit Singh
  • Rahul Arora
Chapter

Abstract

This chapter provides the calculation of ad valorem equivalents (AVEs) of nontariff barriers, particularly those barriers that increase both the time to import and the time to export goods between two trading partners. The calculation considers the example of 16 member countries of the proposed Regional Comprehensive Economic Partnership (RCEP) agreement. This chapter evaluates the impact of trade facilitation in RCEP countries on their bilateral trade flows and other macroeconomic variables. Using an econometric approach, sectorwide AVEs of the time to import and the time to export have been calculated through the estimation of an augmented version of the gravity model.

References

  1. DBR (2015). Going beyond efficiency: Complete report. Washington DC, USA: The World Bank.Google Scholar
  2. Kee, H. L., Nicita, A., & Olarreaga, M. (2009). Estimating trade restrictiveness indices. The Economic Journal., 119, 172–199.CrossRefGoogle Scholar
  3. Zaki, C. (2010). Does trade facilitation matters in bilateral trade? GTAP resources no. 4537.Google Scholar

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Sarbjit Singh
    • 1
  • Rahul Arora
    • 1
  1. 1.Consumer Unity & Trust Society (CUTS) InternationalJaipurIndia

Personalised recommendations