The Impact of Customs Procedures on Global Competitiveness: An Investigation with Structural Equation Modelling

Suzan OÄžUZ

Fiscaoeconomia, 2024, issue 3

Abstract: Customs procedures cover activities carried out to facilitate trade, ensure national security, and ensure the free movement of goods and services across national borders. The efficient execution of these processes improves the trade openness of nations, supports economic growth and provides competitiveness to countries. This study aims to examine the impact of customs procedures on global competitiveness in OECD (Organisation for Economic Co-operation and Development) and selected Asian countries through the mediating roles of international trade and economic growth. In this context, a model proposal is presented using data from 42 countries for the years 2010, 2012, 2014, 2016, 2018 and 2023. The direct and indirect relationships between the variables in the model proposed within the scope of the research were examined by Structural Equation Modelling (SEM) path analysis. The results of the analysis show that customs procedures have a direct and positive effect on global competitiveness. In addition, it has been observed that international trade and economic growth mediate this relationship significantly and positively.

Keywords: Customs Procedures; International Trade; Global Competitiveness; Structural Equation Modelling (search for similar items in EconPapers)
JEL-codes: F10 F14 O11 O40 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:240315

DOI: 10.25295/fsecon.1458266

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