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 (2022) Impact of TBT and SPS measures on domestic value-added exports: evidence from the United States. Asia-Pacific Journal of Accounting and Economics. (In Press)

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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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