Completing the EU Customs Union. The Effects of Trade Procedure Harmonization
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.
Department/s
Publishing year
2012
Language
English
Pages
300-314
Publication/Series
Journal of Common Market Studies
Volume
50
Issue
2
Links
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