The Role of Sustainability and Policy Measures in Export Performance

Shubham Kumar () and Tapas Kumar Giri ()
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Shubham Kumar: Indian Institute of Management
Tapas Kumar Giri: Indian Institute of Management

Chapter Chapter 9 in Indian Agriculture Under the Shadows of WTO and FTAs, 2021, pp 177-192 from Springer

Abstract: Abstract There have been significant changes in the international trade policy regime in recent years, along with an increasing emphasis on policy alignment and sustainability-related issues. The paper aims to empirically examine the role of sustainability and policy measures in influencing export performance. The study uses the stochastic frontier approach to estimate gravity equation on the export performance of 10 leading world exporters from the Asia Pacific Economic Cooperation (APEC) region over the time period 2012–2017. While the absolute difference in real exchange rates shows trade-inhibiting effects, estimates for reduced tariffs and interdependence among economies suggest trade-enhancing effects and significance in all specifications. There is a conspicuous difference in the export performance from the perspective of intra-regional and inter-regional trade. The study underscores the important role of regional trading blocs in policy alignment and sustainable development.

Keywords: Export performance; Sustainability; Trade policy; Stochastic frontier approach; Trade efficiency (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-33-6854-5_9

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DOI: 10.1007/978-981-33-6854-5_9

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