International Trade Costs in Services: An Empirical Analysis Through Gravity Framework

2021 ◽  
Author(s):  
Aratrika Deb
Author(s):  
Hege Medin

Abstract Recent studies suggest that intermediaries like merchants facilitate international trade by reducing fixed trade costs for producers that trade through them instead of exporting or importing directly. This study argues that customs brokers–a type of intermediary rarely studied in economics before–play a similar role by reducing fixed costs of clearing goods through customs for firms that use them instead of self-declaring. Using panel data of Norwegian trade transactions, the paper shows that the majority of manufacturing producers participating in international trade use such brokers, and that the brokers typically handle large trade values on behalf of several different produces. In an econometric analysis, the author finds that the share of a producer’s market specific trade that is self-declared rather than handled by brokers increases with the traded value. This is in line with predictions from theoretical models on trade intermediaries and holds after controlling for observed as well as unobserved factors at the producer, country and product level. Results are similar for exporting and importing, indicating that brokers facilitate both modes of trade.


Author(s):  
Bernardo S. Blum ◽  
Sebastian Claro ◽  
Ignatius J. Horstmann

1995 ◽  
Vol 105 (433) ◽  
pp. 1488 ◽  
Author(s):  
Victor D. Norman ◽  
Anthony J. Venables

2009 ◽  
Vol 12 (4) ◽  
pp. 95-120
Author(s):  
Joanna Wyszkowska-Kuna

The aim of this paper is to analyze and evaluate international trade in creative products with respect to the position of Poland in this exchange. In the introduction some definitions of creative industries and the concept of creative economy are presented. Then the classification of creative products in international trade and some problems with collecting data relating to international trade in creative products are discussed. In further work an empirical analysis of international trade in creative products is carried out. This work is divided into two parts. The aim of the first part is to indicate main tendencies and key players in international creative products exchange. The aim of the second part is to analyze the position of Poland in this exchange. The empirical analysis is based on the first database and report relating to international creative products exchange, published in 2008 by UNCTAD.


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