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Completing the EU Customs Union. The Effects of Trade Procedure Harmonization

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Author

Summary, in English

In this paper, we point out that the EU does not have a harmonized practice when it comes to trade procedures, implying that countries in the rest of the world face different trade barriers depending on which EU country they ship their goods to. Estimating the impact of trade procedures on exports from non-EU countries, we find a highly statistically significant and negative effect. Simulating what the effects would be of harmonizing trade procedures to the level of the most efficient EU countries, we find that aggregated exports to the EU would increase by 20 percent for the average exporter.

Publishing year

2012

Language

English

Pages

300-314

Publication/Series

Journal of Common Market Studies

Volume

50

Issue

2

Document type

Journal article

Publisher

Wiley-Blackwell

Topic

  • Economics

Keywords

  • Customs Union
  • European Union
  • Time Delays
  • Trade Facilitation
  • Trade Procedures

Status

Published

ISBN/ISSN/Other

  • ISSN: 0021-9886