Trade Facilitation in the Commonwealth: An Economic Analysis

Badri G Narayanan (), Sachin Sharma and Mohammad Razzaque

Margin: The Journal of Applied Economic Research, 2016, vol. 10, issue 3, 305-336

Abstract: This article examines the economic impact of trade facilitation between Commonwealth country members, using a global computable general equilibrium framework. We document enormous economic impact, much higher than a complete tariff liberalisation amongst these countries. The economic impact is quite visible in terms of welfare, gross domestic product, employment and trade in several sectors. We abstract from the costs involved in such trade facilitation—accounting for them is beyond the scope of this study. JEL Classification: F13, F62, F68

Keywords: trade facilitation; GTAP; CGE; Commonwealth (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:mareco:v:10:y:2016:i:3:p:305-336

DOI: 10.1177/0973801016645218

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