Wood, Jacob, Wu, Jie, and Oh, Keunyeob (2020) Do technical barriers to trade restrict exports? Evidence from South Korea. Korea and the World Economy, 21 (2). pp. 103-128.

PDF (Published Version) - Published Version Restricted to Repository staff only

Abstract

Our study utilizes a gravity model and upgraded database of non-tariff measures to empirically assess the effect that Technical Barriers to Trade have on exports to Korea’s 57 trading partners using the Poisson Pseudo Maximum Likelihood(PPML) method. Overall, our results showed that the 1% increase in the level of TBT notification leads to around 0.15% decrease in Korean exports to High-Income trading partners and the 0.13% decrease to Medium-Income trading partners. At the same time, however, TBT measures also promote the export of high demand products by increasing transparency. Given such findings, relevant policy implications are discussed.

Item ID:	64571
Item Type:	Article (Research - C1)
ISSN:	2234-2346
Keywords:	non-tariff barriers, technical barriers to trade, Korea, Poisson Pseudo Maximum Likelihood
Funders:	Ministry of Education of the Republic of Korea, National Research Foundation of Korea
Date Deposited:	12 Oct 2020 19:53
FoR Codes:	38 ECONOMICS > 3801 Applied economics > 380110 International economics @ 100%
SEO Codes:	91 ECONOMIC FRAMEWORK > 9103 International Trade > 910302 Trade Assistance and Protection @ 50% 91 ECONOMIC FRAMEWORK > 9103 International Trade > 910303 Trade Policy @ 50%
Downloads:	Total: 1
	More Statistics