Abstract
The purpose of this paper is to analyze the impact of Technical Barriers to Trade (TBT) from the examples of trade between China, Japan, Korea and US in the manufacturing industry. The gravity model is used to determine the effect of the TBT on trade values. The results indicate that the Technical Barriers to Trade (TBT) do have negative effects on trade in the long term, and the governments and economies should actually reduce the amount of this non-tariff barrier.
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Notes
- 1.
As the part of TBT notification numbers, there are two ways to calculate. However, those methods do not change the regression results.
- 2.
Authors tried to add other variable such as GDP per capita for China, GDP per capita for Korea, and dummy variables such as China joined WTO or not . However, the results showed that adding these variables made all original variables insignificant. Therefore other variables would not be included here.
References
Bao X, Qiu LD (2010) Do technical barriers to trade promote or restrict trade? Evidence from China. Asia-Pac J Account Econ 17:253–280
Bao X, Qiu LD (2011) How does technical barriers to trade influence trade flows. http://www.baidu.com, http://tbtims.wto.org, http://www.wordbank.org, http://comtrade.un.org/db
Brghin JC, Bureau JC (2001) Quantitative policy analysis of sanity, phytosanitary and technical barriers to trade. Econ Int 87:107–130
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Yousefi, A., Liu, M. (2013). The Impact of Technical Barriers to Trade: The Cases of Trade Between China, Japan, Korea, and the US. In: Chuan, P., Khachidze, V., Lai, I., Liu, Y., Siddiqui, S., Wang, T. (eds) Innovation in the High-Tech Economy. Contributions to Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-41585-2_3
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DOI: https://doi.org/10.1007/978-3-642-41585-2_3
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