Impact of TBT and SPS measures on domestic value-added exports: evidence from the United States
Wu, Jie, Wood, Jacob, Oh, Keun-Yeob, Li, Yilin, and Bhuyan, Md Iqbal (2023) Impact of TBT and SPS measures on domestic value-added exports: evidence from the United States. Asia-Pacific Journal of Accounting and Economics, 30 (5). pp. 1150-1164.
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Abstract
This study explores the impact that TBT and SPS measures have on 42 countries domestic value-added exports (DVAs) into the US. The results from this empirical analysis show that both TBT and SPS measures have no significant effect on gross exports, however, TBT measures have a significant inhibiting effect on DVAs, indicating that the traditional gross trade estimation approach underestimates the substantial impact of non-tariff measures on trade gains. To be specific, a 1 percentage point increase in TBT measures leads to DVA exports decrease of 2.37%. Moreover, the negative impact is mainly manifested in developing countries and high-technology products.
| Item ID: | 74270 |
|---|---|
| Item Type: | Article (Research - C1) |
| ISSN: | 2164-2257 |
| Keywords: | non-tariff measures; technical barriers to trade; sanitary and phytosanitary measures; the united states; domestic value-added exports |
| Copyright Information: | © 2022 City University of Hong Kong and National Taiwan University. |
| Date Deposited: | 09 Jun 2022 05:19 |
| FoR Codes: | 38 ECONOMICS > 3801 Applied economics > 380199 Applied economics not elsewhere classified @ 100% |
| SEO Codes: | 15 ECONOMIC FRAMEWORK > 1501 International trade policy > 150102 Trade assistance and protection @ 50% 15 ECONOMIC FRAMEWORK > 1501 International trade policy > 150103 Trade policy @ 50% |
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