Tuesday, 14 February 2017 06:24

Trading on time full report

We determine how time delays affect international trade, using newly-collected World Bank data on the days it takes to move standard cargo from the factory gate to the ship in   126   countries.
We   estimate   a   modified   gravity   equation,   controlling   for endogeneity  and  remoteness. On  average, each  additional  day  that  a  product  is  delayed  prior  to  being  shipped  reduces  trade  by  at  least  1  percent.    Put  differently,  each  day  is equivalent  to  a  country  distancing  itself  from  its  trade  partners  by  85  km  on  average. Delays  have  an  evengreater impact ondeveloping country exports and exports of time-sensitive  goods,  such  as  perishable agricultural  products.  In  particular , a  day’s  delayreduces  a  country’s  relative  exports  of  time-sensitive to  time-insensitive agricultural goods by 7 percent.

Published in Education
  • 3T international trade services are entirely based on making savings and providing the easiest way for your business. We take good care of every aspect of international supply chain management, developing sustainable, long-term relationships with our customers and suppliers.
  • Email: info@3t-co.com
 

Some Features

We would be glad if you could give us the opportunity to show our unique approach in providing a highly economic solution.

Choose Theme Options
Choose Layout
Wide Boxed

PREDEFINED SKINS
bg pattrens