The Effect of Non-Tariff Measures on Global Value Chain Participation

IF 1.9 4区 经济学 Q2 ECONOMICS Global Economic Review Pub Date : 2020-12-18 DOI:10.1080/1226508X.2020.1862694
Upalat Korwatanasakul, Youngmin Baek
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引用次数: 6

Abstract

ABSTRACT This study takes a novel approach by using an additional compliance requirement indicator as a relative proxy for non-tariff measures (NTMs) to measure the impact of NTMs on global value chain (GVC) participation. We conduct a cross-sectional analysis at the industry level, spanning 30 countries with 19 industrial sectors in the year 2015. Our analysis finds that both NTMs and tariffs have negative impacts on backward GVC participation, and the impact of NTMs is greater than that of tariff measures. Therefore, policies that reduce trade costs from policy barriers, especially NTMs, can help promote participation in GVCs.
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非关税措施对全球价值链参与的影响
本研究采用了一种新颖的方法,通过使用额外的合规要求指标作为非关税措施(ntm)的相对代理来衡量ntm对全球价值链(GVC)参与的影响。我们在行业层面进行了横断面分析,涵盖了2015年30个国家的19个行业。我们的分析发现,非关税措施和关税措施对落后的全球价值链参与都有负面影响,且非关税措施的影响大于关税措施的影响。因此,降低政策壁垒造成的贸易成本的政策,特别是非关税措施,有助于促进全球价值链的参与。
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来源期刊
CiteScore
1.70
自引率
0.00%
发文量
12
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