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• W25891502 abstract "In the development context, it is increasingly recognized that tariff liberalization is not enough to ensure the integration of an economy into international markets (World Bank Independent Evaluation Group, 2006). Barriers other than tariffs hinder firms in emerging economies from successfully entering export markets. The main objective of this research report is to provide a first, quantitative assessment of the trade policy transparency environment in APEC member economies. To do so, we establish a conceptual framework in which to analyze the complex linkages between transparency, trade policy, and trade flows (Section 2). Drawing on APEC's 2001 Principles on Trade Facilitation, we define transparency in terms of two core concepts: predictability and simplification. In Section 3, we apply this framework to data for APEC member economies in the context of a region-wide benchmarking exercise. We mobilize a wide variety of indicators, drawn from different sources, which we summarize statistically into two comprehensive measures: importer transparency and exporter transparency. We then use a standard gravity model of international trade to assess the sensitivity of trade to improvements in transparency (Section 4). Counterfactual simulations suggest that the potential intra-regional trade gains from improved transparency are large relative to other alternatives, such as modest tariff and NTB reductions. In Section 5, we present our conclusions and address some possible ways for APEC to move forward on transparency while building on progress already made." @default.
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• W25891502 date "2007-09-01" @default.
• W25891502 modified "2023-09-26" @default.
• W25891502 title "Transparency and trade facilitation in the Asia Pacific : estimating the gains from reform" @default.
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